Which of the Following Costs Do NOT Go Directly into the Work

question 127

Multiple Choice

Which of the following costs do NOT go directly into the work in process account?

• A) Factory cleaning costs
• B) The purchase of raw materials
• C) Factory overhead
• D) Indirect labour

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Definitions:

Internal Control

Processes and procedures implemented by a firm to safeguard assets, enhance the reliability of financial reports, and ensure compliance with laws and regulations.

NSF

An acronym standing for "Non-Sufficient Funds," indicating that a check cannot be honored due to inadequate funds in the payer's account.

Internal Control

Internal Control refers to the processes and procedures implemented by a company to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.

Task Responsibility

Assignment of accountability and authority to a person or team for the completion of a specific task or project component.