Which of the following statements are true?
A bill of materials is a document that lists the type and quantity of each type of direct material needed to complete a unit of product.
An employee time ticket is used to record points that are earned by employees based on the hours they worked that can be used to pay for coffee, food in the cafeteria, and even in some cases for vacation travel.
Only statement I is true.
Only statement II is true.
Both of the statements are true.
Neither of the statements are true.