Author Question: Direct materials and direct manufacturing labor become a part of work-in-process inventory on the ... (Read 93 times)

lracut11

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Direct materials and direct manufacturing labor become a part of work-in-process inventory on the balance sheet because the direct manufacturing labor transforms the direct materials to another asset, work-in-process inventory.
 
  Indicate whether this statement is true or false.

Question 2

Which of the following is one of the three most prominent management activities?
 a. production
  b. finance
  c. marketing
  d. planning



Eunice618

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Answer to Question 1

Answer: TRUE

Answer to Question 2

D



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