Job Order Costing Systems Normally Use

question 90

Multiple Choice

Job order costing systems normally use:

• A)Periodic inventory systems.
• B)Perpetual inventory systems.
• C)Real inventory systems.
• D)General inventory systems.
• E)Any inventory systems is acceptable.

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Definitions:

Social Inhibition

The decrease in performance or unwillingness to perform certain behaviors in the presence of others, typically due to fear of judgment or evaluation.

Groupthink

A psychological phenomenon that occurs within a group of people, in which the desire for harmony and conformity results in irrational or dysfunctional decision-making outcomes.

Groupthink Theory

A mental occurrence within a group where the pursuit of agreement or uniformity leads to illogical or ineffective choices.

Group Polarization

The tendency for a group to make decisions that are more extreme than the initial inclination of its members, either more conservative or riskier.