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What step is involved in developing a prototype

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Reference no: EM132815971

Problem 1: What step is involved in developing a prototype?

A. Control corporate data

B. Assist application development

C. Develop and implement standards

D. Identify basic systems requirements

Problem 2: Assume that $15,000 of raw materials were issued. What is the journal entry?

A. Dr. Work in Process 15,000

B. Dr. Raw Materials Inventory 15,000

C. Cr. Paid in capital 15,000

D. Cr. Finished goods 15,000

Problem 3: Accurate and timely cost accounting information is essential input to decisions about:

A. Product design

B. Cost management

C. Production operations

D. Planning and scheduling

Reference no: EM132815971

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