ExamVeda
Login
Home

Which account is the odd one out

This question belongs to Commerce Accounting
Accounting
?

Which account is the odd one out?

Answer & Solution
Correct Answer: Option C
Stock of raw materials is the odd one out. Raw materials inventory is the total cost of all component parts currently in stock that have not yet been used in work-in-process or finished goods production. There are two subcategories of raw materials, which are: Direct materials.
Examveda
Question posted by Examveda
Community

Join the Discussion

1 Comment
R. Shalini
R. Shalini 6 years ago
Stock items or stock group is the odd one of out
Keep Learning

Related Questions on Accounting

Accounting provides information on
A. Cost and income for managers B. Company's tax liability for a particular year C. Financial conditions of an institutions D. All of the above
The long term assets that have no physical existence but are rights that have value is known as
A. Current assets B. Fixed assets C. Intangible assets D. Investments
The assets that can be converted into cash within a short period (i.e. 1 year or less) are known as
A. Current assets B. Fixed assets C. Intangible assets D. Investments
Patents, Copyrights and Trademarks are
A. Current assets B. Fixed assets C. Intangible assets D. Investments
More Related Questions on Accounting