If the Work in Process Inventory Has Increased During the Period

question 3

Multiple Choice

If the work in process inventory has increased during the period, which of the following statements is definitely true?

• A) Cost of goods sold will be greater than cost of goods manufactured.
• B) Cost of goods manufactured will be greater than cost of goods sold.
• C) Total manufacturing costs for the period will be greater than cost of goods manufactured.
• D) Total manufacturing costs for the period will be less than cost of goods manufactured.

---

Definitions:

Constructive Stress

A form of stress that is perceived as manageable and can lead to growth, motivation, and improved performance.

Big Project

A large-scale undertaking that involves significant resources, planning, and effort, typically in a business or scientific context.

Discriminating

involves making distinctions or showing prejudice against certain groups based on race, gender, age, or other factors.

Compensation

Compensation is the total amount of the monetary and non-monetary pay provided to an employee for work performed, including wages, salaries, bonuses, and benefits.