The Basic Similarities Between Job Order Cost and Process Cost

question 160

Multiple Choice

The basic similarities between job order cost and process cost systems include all of the following except the

• A) manufacturing cost elements.
• B) flow of costs.
• C) point at which costs are totaled.
• D) accumulation of the costs of materials labor and overhead.

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Definitions:

Criterion

A principle or standard by which something may be judged or evaluated.

Criteria Row

In databases and spreadsheets, a designated row used to enter conditions or criteria for filtering or querying data.

Expression Builder

A tool in database software that assists in creating complex formulas to calculate and analyze data.

Calculated Field

A field in databases and spreadsheets that generates a value based on a formula or condition applied to other fields.