The Purchase of Direct and Indirect Materials on Account During

question 89

Multiple Choice

The purchase of direct and indirect materials on account during the month requires an entry

• A) debiting Work in Process and crediting Materials.
• B) debiting Materials and crediting Accounts Payable.
• C) debiting Accounts Payable and crediting Materials.
• D) debiting Materials and crediting Work in Process.

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Definitions:

Nonfeasance

Failure to act; such failure is actionable in tort only where there is a specific duty to act, as with a guardian, parent, or lifeguard.

Legal Causation

The process of determining whether a defendant's actions are legally sufficient to be considered as causing the plaintiff's injuries or damages.

Automobile Collisions

Accidents involving motor vehicles that result in damage to properties, injuries, or fatalities.

Provinces

Administrative divisions within a country, which have their own local governments but are subordinate to the national government.