Witty, Inc

question 38

Multiple Choice

Witty, Inc. uses a job-order cost system and had the following data available for 20X1.

-The journal entry to record the cost of goods completed would include a

• A) debit to WIP Inventory for $256,000.
• B) credit to Finished Goods Inventory for $292,000.
• C) credit to Cost of Goods Sold for $256,000.
• D) credit to WIP Inventory for $292,000.

---

Definitions:

Rawls's Ethics

A theory of justice proposed by philosopher John Rawls, focusing on fairness, equality, and moral decision-making under a veil of ignorance.

Medical Resources

The various types of health services, supplies, and equipment available for the diagnosis, treatment, and prevention of diseases and injuries.

Rawls

Refers to John Rawls, an American political philosopher noted for his work in moral and political philosophy, especially in the theory of justice as fairness.

Ross

Likely refers to W.D. Ross, a philosopher known for his contributions to ethical theory, particularly the concept of prima facie duties.