Which of the Following Will Not Be Found on the Balance

question 79

Multiple Choice

Which of the following will not be found on the balance sheet of a manufacturing company?

• A) cost of goods sold
• B) materials
• C) work in process
• D) finished goods

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Definitions:

Management

The process of planning, organizing, leading, and controlling resources to achieve organizational goals effectively and efficiently.

Employee

An individual hired by a company or organization to perform specific duties in exchange for compensation.

Psychological Factors

Mental and emotional elements that influence the behavior and decisions of individuals or groups, such as motivation, perception, and attitudes.

Assembly Line

An assembly line is a manufacturing process wherein parts are added to a product in a sequential manner to create a finished product efficiently.