A Cost Accounting System First Assigns Costs to Organizational Units

question 4

True/False

A cost accounting system first assigns costs to organizational units and then accumulates these costs within the unit.

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Definitions:

Vegetative Propagation

A process of asexual reproduction in plants where new individuals are formed without the production of seeds or spores.

Fragmentation

A method of asexual reproduction in some bacteria, archaea, animals, or plants; a cell or an organism separates into several pieces and each piece develops into a new organism.

Sporogenesis

The process of spore formation, particularly in plants, fungi, and protozoa.

Fission

The division of a single entity into two or more parts and the regeneration of those parts into separate entities resembling the original.