XYZ operates an integrated accounting system. The material control account at 31 March 2011 shows the following information?
A. Cost of sales account
B. Finished goods account
C. Profit and loss account
D. Work-in-progress account
Answer: D
Thursday, 11 February 2016
Cima C01 Exam Question No 42
Question No 42:
XYZ operates an integrated accounting system. The material control account at 31 March 2011 shows the following information?
The $125,000 credit entry represents the value of the transfer to the
A. Cost of sales account
B. Finished goods account
C. Profit and loss account
D. Work-in-progress account
Answer: D
XYZ operates an integrated accounting system. The material control account at 31 March 2011 shows the following information?
A. Cost of sales account
B. Finished goods account
C. Profit and loss account
D. Work-in-progress account
Answer: D
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