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In 2004,Google
Work in Process
The inventory of materials that are being processed into finished goods, also known as work-in-progress.
Direct Materials
Divulged as essential components, direct materials primarily encompass tangible substances employed in the fabrication of a product, distinctly identifiable in the final offering.
Materials Requisitions
A document used to request the transfer of materials from a storeroom to a production area.
Controlling Account
The account in the general ledger that summarizes the balances of the accounts in a subsidiary ledger.
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