Which of the Following Statements About Materials Is False

question 11

Multiple Choice

Which of the following statements about materials is false?

• A) Acquisitions of materials are normally charged to the Purchases account.
• B) The use of direct materials gives rise to a debit to Work-in-Process Inventory.
• C) The use of indirect materials gives rise to a debit to Manufacturing Overhead.
• D) The use of indirect materials gives rise to a credit to Manufacturing Supplies Inventory.
• E) Direct materials are accounted for in a different manner than indirect materials.

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Definitions:

Techniques For Quality Measurement

Methods used to assess the quality of products, services, or processes, often involving quantitative and qualitative metrics.

Functional Approach

The functional approach is a method of organizational structure where a company is divided into departments or functions, each handling specific tasks or operations like marketing, finance, or manufacturing.

Managerial Functions

The main roles and responsibilities of managers, typically including planning, organizing, leading, and controlling organizational resources to achieve goals.

Henri Fayol

A French engineer and scholar who is famous for developing the general theory of business administration and identifying the five primary functions of management.