1. A materials requisition is sent to the purchasing agent by the materials storeroom clerk to request that additional materials be purchased.

True or False

2. For a company using a process cost system, as units are transferred from one department to the next, their costs are transferred along as well.

True or False

3. In a job-order cost system, the inventory accounts generally are maintained on a perpetual basis.

True or False

4.Both job-order and process costing require cost averaging procedures.

True or False

5. In a job-order cost system, each department has a work in process account.

True or False