Solved

When You Enter a Purchase and Have Allowed Allocation for All

Question 11

Multiple Choice

When you enter a purchase and have allowed allocation for all expense and revenue accounts -


A) cost of goods sold will be correctly allocated automatically
B) freight expenses may not be allocated
C) variance costs may not be allocated
D) all expense accounts will be correctly allocated if you enter the allocation details

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions