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Which activities is not part of the production cycle

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Reference no: EM132879400

Problem 1. Which of the following activities is not part of the production cycle?
a. Managing raw materials
b. Planning production
c. Keeping the finished goods
d. Handling variances for standard and actual costs of goods manufactured

Problem 2. Which of the following accounting functions has been automated by most companies' information processing subsystems?
a) Posting to ledgers
b) Recording journal entries
c) Preparing trial balances
d) all of the above

Reference no: EM132879400

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