Which Account Is Debited If Materials Costing $100,000 Are Sold

question 18

Multiple Choice

Which account is debited if materials costing $100,000 are sold?

• A) Revenues account
• B) Work-in-Process Control account
• C) Materials Control account
• D) Cost of Goods Sold account

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Definitions:

Compliance

The act of conforming to established guidelines, standards, or laws, often required to maintain legal and social acceptability.

Resistance

The act of opposing or fighting against something, which can be seen in various contexts, such as social movements or response to changes within organizations.

Types of Power

Various forms of influence that individuals or groups can possess, including but not limited to, coercive, legitimate, expert, and referent power.

Acknowledged

Recognized or admitted as being significant or important.