When a Job Is Completed but Not Sold, the Accounts

question 151

Multiple Choice

When a job is completed but not sold, the accounts affected are

• A) Raw Materials and Work-in-Process.
• B) Work-in-Process and Finished Goods.
• C) Work-in-Process and Cost of Goods Sold.
• D) Finished Goods and Cost of Goods Sold.
• E) Finished Goods and Overhead Control.

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Definitions:

Onlooker Play

A behavior in early childhood development where a child watches others play but does not join in.

Solitary Play

A stage in child development where a child plays alone, focusing on their activities without seeking to engage with others around them.

Unoccupied Play

A stage of play where the child is not actively engaged in interactions, often exploring their environment independently.

Onlooker Play

A stage of play where children observe others playing but do not directly participate, often seen in early childhood development.