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Question 20 4.7 pts Which of the following statements about the Work-in-Process account is FALSE? o the balance equals the sum of amounts from all

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Question 20 4.7 pts Which of the following statements about the Work-in-Process account is FALSE? o the balance equals the sum of amounts from all in-process individual job-cost sheets O it tracks all direct material purchases O it is an asset account O it may contain costs from many accounting periods

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