Which account can sometimes be skipped when a good is produced for a particular customer?
A) raw materials
B) work-in-process
C) finished goods
D) cost of goods sold
E) accounts can never be skipped

Question

Quizplus · Accepted Answer

When a good is produced specifically for a customer, it may directly go from work-in-process to being sold without being recorded in the finished goods account, as it is not held in inventory before sale.

Which Account Can Sometimes Be Skipped When a Good Is