To Determine That Sales Are Accurately Charged,the Unit Prices on the Duplicate

question 122

Multiple Choice

To determine that sales are accurately charged,the unit prices on the duplicate sales invoices are normally compared with

• A)the original invoices.
• B)the amounts recorded in the sales journal for that transaction.
• C)the amounts posted to the customer's account in the accounts receivable master file.
• D)an approved item master file.

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Definitions:

Direct Labor

The cost of wages for employees who are directly involved in the production of goods or services, considered a variable cost in financial accounting.

Direct Materials

This refers to raw materials that are directly incorporated into a finished product during the manufacturing process.

Materials Traceable

Raw materials or components that can be directly associated with a specific product or cost object in the manufacturing process.

Specific Products

Items or goods that have specific characteristics or purposes, distinguishing them from more general or broader categories of products.