The Entry to Record the Completion of a Job in a Job

question 97

Multiple Choice

The entry to record the completion of a job in a job costing system would cause:

• A) An increase to the cost of goods manufactured account.
• B) An increase in net income.
• C) An increase to the cost of goods soldCost of Goods Sold account.
• D) A decrease to the work in process inventoryWork in Process Inventory account.

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Definitions:

Uncontrolled Population Growth

This refers to the rapid increase in the number of individuals in a population, often due to lack of access to contraceptives, education on family planning, or policies limiting the number of children per family, leading to potential overpopulation issues.

Destruction of the Environment

Refers to the damage inflicted on natural ecosystems by human activities, leading to loss of biodiversity, pollution, and climate change.

Nuclear War

A conflict where nuclear weapons are used by the opposing sides, causing massive destruction.

Chief Technology Officer

A senior executive responsible for the management of an organization's technological needs and research and development (R&D).