A Major Difference Between Process Costing and Job-Order Costing Is

question 35

Multiple Choice

A major difference between process costing and job-order costing is

• A)costs are easy to trace to specific jobs in a job-order system but impossible to trace to products in a process costing system.
• B)costing of material components is more sensitive to materials purchased in a process costing system.
• C)process costing has fewer overall purchase requisitions than in a job-order costing system.
• D)controls over material acquisitions is generally not as stringent in a process costing system.

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Definitions:

Training Activities

Organized exercises or programs designed to enhance specific skills or knowledge for personal or professional development.

Action Over Analysis

A principle favoring practical action and implementation over extensive planning and deliberation.

Resources

Various types of support and materials available for use in a project or process, including financial, human, technological, and informational assets.

Organizational Climate

The general perception of the work environment by the employees, often related to morale, satisfaction, and effectiveness.