Solved

Which of the Following Statements About Materials Is False

Question 41

Multiple Choice

Which of the following statements about materials is false?


A) Acquisitions of materials are normally charged to the Purchases account.
B) The use of direct materials gives rise to a debit to Work-in-Process Inventory.
C) The use of indirect materials gives rise to a debit to Manufacturing Overhead.
D) The use of indirect materials gives rise to a credit to Manufacturing Supplies Inventory.
E) Direct materials are accounted for in a different manner than indirect materials.

Correct Answer:

verifed

Verified

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

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents