Which of the following statements is false?
A) Manufacturing accounts require adjustments for direct materials
B) Manufacturing accounts require adjustments for standard costs
C) Manufacturing accounts require adjustments for work in progress
D) Manufacturing accounts require adjustments for finished goods

Question

Quizplus · Accepted Answer

Manufacturing accounts require adjustments for direct materials, work in progress, and finished goods. Standard costs may be used to determine costs, but they do not require adjustments in the manufacturing accounts.

Which of the Following Statements Is False