Examlex
The acronym CR stands for:
Process
A series of actions or steps taken in order to achieve a particular end.
Homogeneous Products
Goods that are essentially identical in quality and function, making them indistinguishable from one another to consumers.
Process Costing Systems
Accounting methods used to allocate production costs to products or services in continuous processes, where the products are indistinguishable from each other.
Repetitive Products
Goods that are mass-produced, usually on an assembly line, with little variation in design for each unit produced.
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