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Which of the following is not true of the Work-in-Process Control account: a. it is an asset account b. it tracks job costs from beginning

Which of the following is not true of the Work-in-Process Control account:

a. it is an asset account

b. it tracks job costs from beginning through completion

c. the balance equals the sum of amounts from all in-process individual job-cost records

d. it tracks all direct material purchases

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