Multiple Choice
Which of the following is true?
A) The acquisition of raw materials causes the Work in Process account to increase.
B) The Raw Materials account is used to recognize all raw materials purchases, purchases returns and allowances, and freight costs related to materials.
C) When raw materials are purchased, the Raw Materials Inventory account is credited.
D) The raw materials account only reflects direct materials.
Correct Answer:
Verified
Correct Answer:
Verified
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