The Order That Cost Elements Flow Through Accounts Until They

question 126

Multiple Choice

The order that cost elements flow through accounts until they are recognized as an expense is

• A) Work-in-Process, Cost of Goods Sold, Finished Goods
• B) Finished Goods, Work-in-Process, Cost of Goods Sold
• C) Finished Goods, Cost of Goods Sold, Work-in-Process
• D) Work-in-Process, Finished Goods, Cost of Goods Sold
• E) None of these are correct.

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