If the cost of goods sold account appears in a company's trial balance, the company is using a perpetual inventory system

An operational safety review involves systematically identifying and eliminating dangers in the workplace before accidents occur and reducing risks to acceptable levels

Indicate whether this statement is true or false.

In a manufacturing environment, direct labor costs initially flow

A) into the Materials Inventory account. B) into the Cost of Goods Sold account. C) into the Work in Process Inventory account. D) into the Finished Goods Inventory account.