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    Auditing and Assurance Services Study Set 2
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    Exam 21: Audit of the Inventory and Warehousing Cycle
  5. Question
    In the Flow of Inventory and Costs, When Work-In-Progress Is
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In the Flow of Inventory and Costs, When Work-In-Progress Is

Question 122

Question 122

Multiple Choice

In the flow of inventory and costs, when work-in-progress is credited, ________ is (are) debited.


A) raw materials
B) cost of goods sold
C) finished goods
D) direct labor

Correct Answer:

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