Which of the Following Is Not a Characteristic of Job-Order

question 149

Multiple Choice

Which of the following is not a characteristic of job-order costing?

• A) Wide variety of distinct products.
• B) Unit cost is computed by dividing process costs of the period by the units produced in the period.
• C) Unit cost is computed by dividing total job costs by units produced on that job.
• D) Costs accumulated by job.
• E) Typically, the cost of one job is different from that of another job.

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Definitions:

Return On Assets

A financial metric used to gauge how efficiently a company uses its assets to generate profit.

Common Equity

The amount of ownership interest in a corporation, represented by common stock, that is available to shareholders after debts and liabilities have been settled.

Debt Financing

The raising of capital through the sale of bonds, bills, or notes to individual and/or institutional investors.

Maturity Structure

The classification of a portfolio or entity's liabilities based on the time frame until those obligations mature or are due for payment.