Which of the Following Describes the Differences Between Job-Order and Process

question 10

Multiple Choice

Which of the following describes the differences between job-order and process costing?

• A)Job-order costing is used in financial accounting, while process costing is used in managerial accounting.
• B)Job-order costing can only be used by manufacturers; only service enterprises use process costing.
• C)Job-order costing is voluntary, while process costing is required by GAAP.
• D)Job-order costing traces costs to jobs, while process costing traces costs to departments and averages the costs among the units worked on during the period.

---

Definitions:

Single Subject Design

Single subject design is a research method used in the behavioral sciences where experiments are conducted with a single subject, or one subject at a time, to ascertain the effect of an intervention.

Time-Series Design

A research method that involves repeated observations of the same variables over a period of time, often used to assess the impact of interventions.

Ideographic Research

A research approach focusing on understanding the unique aspects of individual cases or entities, rather than seeking to generalize findings across populations.

Outcome Evaluation

The assessment of the results of a program or intervention, measuring its effectiveness in achieving specified goals.