Which of the Following Statements Is Not True

question 36

Multiple Choice

Which of the following statements is not true?

• A)Job costing systems are appropriate for make-to-order custom products.
• B)Job costing systems are appropriate for make-to-stock batches.
• C)Process costing systems are appropriate for non-stop production.
• D)Process costing systems are appropriate for make-to-stock small batches.
• E)All of the above are true.

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Definitions:

Estate

The collective net worth of an individual, including all of their assets, property, and financial interests, especially as considered in the context of succession or inheritance.

Authority

The power or right to give orders, make decisions, and enforce obedience.

Inventory Authority

The granted power or right to oversee and manage the list of items or properties, often within a business context for stock management purposes.

Ratifies

Formally confirms or approves an agreement or treaty, making it officially valid.