Which of the Following Is Most Likely NOT Included in the Functional

question 126

Multiple Choice

Which of the following is most likely NOT included in the functional level of a small company?

• A) Finance
• B) Marketing
• C) R&D
• D) Department managers
• E) Human resource managers

---

Definitions:

Process Costing System

An accounting method used to assign costs to units of production in continuous processes, where similar items are produced.

Weighted-Average Method

An inventory costing method that assigns the cost of goods available for sale based on the weighted average cost of those goods during the period.

Processing Department

A processing department is a division within a manufacturing operation where a specific type of process or series of operations is performed on products.

Cost System

A method or process used by a company to capture, measure, and allocate costs to products, services, or other cost objects.