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Which of the following items is not a characteristic of a process cost system?
Middle and Working Classes
Social groups categorized by their economic status, occupational types, and levels of income, where the middle class typically includes those with moderate incomes and white-collar jobs, and the working class includes those with lower incomes and blue-collar or manual labor jobs.
Liberal Democracy
A political system characterized by free and fair elections, rule of law, and the protection of individual rights and freedoms.
Ruling Class
The social class that holds the dominant power in a societal hierarchy, often controlling resources and making key decisions.
Autocracy
Absolute power resides in the hands of a single person or party.
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