When accounting for materials and labor, materials used are recorded in:
A. raw materials inventory.
B. work in process inventory.
C. finished goods inventory.
D. cost of goods sold.
B
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Which of the following actions were approved both by the Antitrust Review in the EU as well as in the United States?
A) acquisition of Honeywell (U.S.) by GE (U.S.) B) joint venture between music businesses of EMI group (Great Britain) and Time Warner (U.S.) C) merger of Sony Music (Japan) and BMG (Germany) D) merger of WorldCom (U.S.) and MCI (U.S.) E) British Airways (U.K.) and American Airlines (U.S.)
Which of the following is true about the Uniform Computer Information Transactions Act?
A) It establishes a uniform set of rules that governs the creation, performance, and enforcement of computer information transactions. B) State trade secret law could not apply to a contract covered by the Act. C) The Act is the exclusive source of law for the transactions that it applies to. D) It became law in all 50 states in 1999.