Solved

Which of the Following Statements Is False

Question 5

Multiple Choice

Which of the following statements is false?


A) One approach charging direct materials to a job is to use a standard price, regardless of the cost of different purchases made
B) One approach to charging direct materials to a job is to use replacement cost
C) Replacement cost is equal to the cost initially paid for stock
D) The average price could be used in charging direct materials to a job

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