menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Introduction to Management Accounting Study Set 2
  4. Exam
    Exam 4: Cost Management Systems and an Introduction to Activity-Based Costing
  5. Question
    _____ Is Are) Not an Inventory Account
Solved

_____ Is Are) Not an Inventory Account

Question 51

Question 51

Multiple Choice

_____ is are) not an inventory account.


A) Direct labor
B) Direct materials
C) Work-in-process
D) Finished goods

Correct Answer:

verifed

Verified

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

Related Questions

Q46: Cost systems initially record costs, then group

Q47: Costs that cannot be identified specifically and

Q48: Product costs only become an expense when

Q49: Period costs become expenses during the current

Q50: Benchmarking is the continuous process of comparing

Q52: Determining the key components of the Activity-Based

Q53: For a manufacturing company, product costs first

Q54: Collecting relevant data concerning costs and the

Q55: Cost drivers are usually expressed in dollars.

Q56: Tracing or allocating costs to one or

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines