In the Basic Flow of Inventory Through a Manufacturing System

question 231

Multiple Choice

In the basic flow of inventory through a manufacturing system, which of the following occurs second in the job costing system?

• A)Cost of goods sold
• B)Finished goods inventory
• C)Work in process inventory
• D)Raw materials inventory

---

Definitions:

Mutual Will

A type of will created by two or more individuals, usually spouses, that makes binding agreements regarding the disposition of property upon their deaths.

Holographic Will

A type of will that is hand-written and signed by the testator, typically without formal witnessing.

Invalid

Not legally or officially acceptable; void and without legal effect.

Illegal

Activities or actions that are forbidden by law and subject to governmental sanctions or penalties.