When a job costing $5,000 is completed, the following journal entry is made:
A) Finished Goods 5,000Cost of Goods Sold 5,000
B) Cost of Goods Sold 5,000Finished Goods 5,000
C) Work-in-Process 5,000Finished Goods 5,000
D) Finished Goods 5,000Work-in-Process 5,000
E) Cost of Goods Sold 5,000Sales 5,000
D
You might also like to view...
Setting organizational goals and objectives and preparing a budjet are aspects of control
a. before an event. b. before, during and after an event. c. during an event. d. after an event.
In behavioral theories of leadership, ______ were those that showed concern for subordinates, such as showing regard for their feelings, respecting their ideas, and being friendly and supportive.
A. coordinating activities B. initiating structures C. consideration behaviors D. subordinates
The closer the content of the selection instrument is to actual work samples or behaviors, the greater its content validity.
Answer the following statement true (T) or false (F)
If companies have a limited budget for developing new training methods, the most appropriate hands-on training method would be what?
A. action learning B. simulation C. team training D. on-the-job training (OJT)