Use the Following Information to Answer Questions
Department T45

question 66

Multiple Choice

Use the following information to answer questions
Department T45 of a two department-production process showed the following units:
$\begin{array}{cc} \text { Beginning Work in Process. } & \text {15.000 \text { units } }\\ \text {Ending Work in Process } & \text {17.000 \text { units } }\\ \text { Total units to be accounted for } & \text {75.000 \text { units } }\\\end{array}$

-How many units were transferred out from Department T45?

• A)56,000
• B)58,000
• C)62,000
• D)75,000

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Definitions:

Limited Partner

An investor in a limited partnership who is not involved in daily business operations and whose liability is limited to the amount they invested in the partnership.

General Partners

Individuals who participate in the management of a partnership and have unlimited liability for its debts.

Securities Fraud

A type of serious white-collar crime that involves deceiving investors or manipulating financial markets.

Limited Partnership

A form of partnership consisting of at least one general partner, who manages the business and has unlimited liability, and one or more limited partners, who have limited liability.