Which Account Can Sometimes Be Skipped When a Good Is

question 137

Multiple Choice

Which account can sometimes be skipped when a good is produced for a particular customer?

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

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Definitions:

Old Kingdom

A period in ancient Egyptian history characterized by the construction of the Pyramid of Giza and the development of a centralized government, roughly spanning 2686-2181 BCE.

Early Dynastic

Refers to the initial periods of a civilization's history marked by the formation of the first centralized states, dynasties, or kingdoms, such as in ancient Egypt and Mesopotamia.

Palette

A thin board with a thumb hole at one end on which an artist lays and mixes colors; any surface so used. Also, the colors or kinds of colors characteristically used by an artist. In ancient Egypt, a slate slab used for preparing makeup.

Narmer

An ancient Egyptian pharaoh who is believed to have unified Upper and Lower Egypt, often associated with the Narmer Palette.