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Which of the Following Describes the Correct Sequence of Flow

Question 71

Multiple Choice

Which of the following describes the correct sequence of flow of costs for a manufacturing firm?


A) Raw materials, finished goods, work-in-process, cost of goods sold.
B) Work-in-process, raw materials, finished goods, cost of goods sold.
C) Raw materials, work-in-process, finished goods, cost of goods sold.
D) Raw materials, work-in-process, cost of goods sold, finished goods.

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