CGI Corporation Uses a Process Costing System to Manufacture Its

question 18

Multiple Choice

CGI Corporation uses a process costing system to manufacture its product.As part of the processing activities in its human resource process, which of the following would CGI use to record payroll costs of its factory workers?

• A)Debit work in process, credit wages payable
• B)Debit wages expense, credit wages payable
• C)Debit wages payable, credit cash
• D)Debit wages expense, credit retained earnings

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Definitions:

Specialists

Professionals who have a high degree of expertise in a specific subject, field, or activity, often requiring advanced education or training.

Blind Conformity

The phenomenon where individuals comply with societal norms and rules without questioning or understanding their purpose.

Collectivist Cultures

societies or groups where people prioritize the goals and well-being of the community over individual achievements.

Organizational Politics

Utilizing authority and social networks inside an organization to drive improvements that are beneficial for either the organization or its members.