Which One of the Following Journal Entries in a Standard

question 40

Multiple Choice

Which one of the following journal entries in a standard cost system is needed to record the completion of production for the period?

• A) A debit to Work-in-Process Inventory, at standard cost.
• B) A debit to Work-in-Process Inventory, at actual cost.
• C) A credit to Cost of Goods Sold, at standard cost.
• D) A debit to Finished Goods Inventory, at standard cost.
• E) A debit to Finished Goods Inventory, at actual cost.

---

Definitions:

Door-in-the-face Technique

A persuasion strategy where a larger, unreasonable request is made first with the expectation of being refused, followed by the real, smaller request.

Persuasion Strategies

Persuasion strategies are techniques designed to change the beliefs, attitudes, or behaviors of others in a particular direction.

Cognitive Dissonance

A psychological phenomenon involving discomfort felt at conflicting beliefs, values, or attitudes, leading to an alteration in one of the conflicting factors.

Door-in-the-face Technique

A persuasion strategy where a large, likely-to-be-rejected request is followed by a smaller, more reasonable request.