Use the Information Below to Answer the Following Question(s)

question 118

Multiple Choice

Use the information below to answer the following question(s) .Toronto Industries Inc.had the following activities during the year:

-Which of the following statements would be correct in a manufacturing business?

• A)Completed goods are not normally included in the finished goods inventory.
• B)Completed goods are part of the work in process category.
• C)Work-in-process inventory, at the end of the accounting period, includes direct materials but not direct labour.
• D)Materials put into production are classified as work-in-process inventory.
• E)There can be no beginning finished goods inventory.

---

Definitions:

Indirect Strategy

A communication approach where the main point or conclusion is presented after the supporting details, often used to soften the impact of negative information.

Direct Strategy

A communication method that involves straightforwardly presenting the main point or request at the beginning.

Reasons-before-refusal Plan

A strategic approach in communication or negotiation where one presents justifications or arguments prior to expressing a refusal.

Denying Claims

The act of rejecting assertions or accusations, often in a legal or business context, asserting that they are untrue or unfounded.