When a Job Continues Across Accounting Periods,where Do Costs Remain

question 32

Multiple Choice

When a job continues across accounting periods,where do costs remain until the job has been completed?

• A)Finished goods
• B)Raw materials
• C)Work in process
• D)Overhead

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Definitions:

Neither

A conjunction used to indicate that two or more specified alternatives are not the case.

Antecedent

The first part of a conditional statement, the "if" clause, indicating the condition in a hypothetical proposition.

Consequent

The outcome or result in a conditional statement, typically represented as the "then" part in an "if-then" logic proposition.

Disjunct

A component of a disjunctive proposition—p and q.