Which of the Following Industries Is Often Suitable for Applying

question 108

Multiple Choice

Which of the following industries is often suitable for applying operation costing?

• A)Electronic equipment.
• B)Healthcare.
• C)Legal services.
• D)Universities.

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Definitions:

Journal

A detailed record where all financial transactions of a business are initially recorded in chronological order.

Laser Equipment

Tools or devices that use laser technology for various applications such as cutting, engraving, or medical surgery.

Purchased

Acquiring goods, services, or assets in exchange for money or its equivalent.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account columns that are equal.