A Company Should Use Process Costing, Rather Than Job Costing

question 35

Multiple Choice

A company should use process costing, rather than job costing, if:

• A) production is only partially completed during the accounting period.
• B) the product is manufactured in batches only as orders are received.
• C) the product is composed of mass-produced homogeneous units.
• D) the product goes through several steps of production.

---

Definitions:

Universal Copyright Convention

An international treaty that provides copyright protection for creators in the signatory countries.

Berne Convention

An international agreement that protects the rights of authors and creators by establishing minimum standards for copyright protection around the world.

Formalities

Specific procedures or requirements that must be observed in legal acts, such as signing contracts or executing wills.

Network Website

A website that serves as a central hub connecting different users or sites within a network or system.