Which of the Following Accounts Is Credited When Abnormal Spoilage

question 93

Multiple Choice

Which of the following accounts is credited when abnormal spoilage is written off in an actual cost system?

• A)Miscellaneous Revenue
• B)Loss from Spoilage
• C)Finished Goods
• D)Work in Process

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Definitions:

Organizational Skills

The ability to efficiently manage tasks, time, and resources to achieve objectives.

Analytical Skills

The ability to critically assess and interpret information, solve problems, and make decisions based on evidence and logical reasoning.

Computer Skills

The ability to operate and use computers and related technology efficiently, including software applications and hardware troubleshooting.

Organizational Skills

Abilities that enable an individual to plan, prioritize, and efficiently manage tasks and activities.