Which Statement Is Not Correct

question 100

Multiple Choice

Which statement is not correct?

• A) general ledger creates a new cost record upon receipt of a work order from production planning and control
• B) cost accounting updates the cost record with data gathered from the materials requisition
• C) general ledger posts summary information about the manufacturing process based on a journal voucher prepared by cost accounting
• D) cost accounting computes variances and applies overhead to individual cost records

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Definitions:

Culture-Consistent

Behaviors, practices, or beliefs that are in harmony with the norms and values of a specific culture.

Preconventional Level

According to Kohlberg, a period during which moral judgments are based largely on expectations of rewards or punishments.

Postconventional Level

The stage in Kohlberg's theory of moral development where individuals make ethical choices based on universal principles and the internalization of these principles.

Moral Standards

Principles that govern behavior, distinguishing between acceptable and unacceptable actions within a society or group.