Which of the Following Statements Is Incorrect

question 82

Multiple Choice

Which of the following statements is incorrect?

• A)An increase in raw materials inventory means that raw materials purchases exceed raw materials used.
• B)An increase in work in process inventory means that costs put into work in process exceed cost of goods manufactured.
• C)A decrease in work in process inventory means that cost of goods sold exceed cost of goods manufactured.
• D)An increase in finished goods inventory means that cost of goods manufactured exceeds cost of goods sold.

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Definitions:

Cultures

The social behavior, norms, knowledge, beliefs, arts, laws, and customs shared by a group of people.

Fatal Overdose

A lethal ingestion or exposure to a substance, typically a drug, leading to death.

CNS Depressants

A category of drugs that slow down brain activity, leading to a decrease in arousal, anxiety, and muscle coordination, often used to treat anxiety, insomnia, and other conditions.

CNS Stimulants

Substances that increase the activity of the central nervous system, enhancing physical and mental alertness.