Which of the Following Is Not a Control Account

question 194

Multiple Choice

Which of the following is not a control account?

• A) Manufacturing Overhead
• B) Raw Materials Inventory
• C) Accounts Receivable
• D) All of these are control accounts

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Definitions:

Rights

Privileges or entitlements granted by law, custom, or agreement to individuals or groups, allowing them to perform certain actions or to be treated in a specific way.

Contracting Parties

Individuals, companies, or entities that enter into a contract and are bound by its terms.

Statute Of Frauds

A legal principle requiring certain contracts to be written and signed by the party or parties being charged to be enforceable.

Signature

An individual's signature inscribed uniquely to serve as identification when approving a document.