Which of the Following Characteristics Applies to Process Costing, but Does

question 103

Multiple Choice

Which of the following characteristics applies to process costing, but does not apply to job order costing?

• A) the need for averaging.
• B) the use of equivalent units of production.
• C) separate, identifiable jobs.
• D) the use of predetermined overhead rates.

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Definitions:

Regulate

To control or maintain the rate or speed of a process or system according to a set of standards or requirements.

Vertebrates

A group of animals that have a backbone or spinal column, including mammals, birds, reptiles, amphibians, and fish.

Placoid Scales

The toothlike scales found in sharks and other cartilaginous fishes.

Cartilaginous Fishes

A class of fishes that have skeletons made entirely out of cartilage, rather than bone.