Which of the Following Statements Is False

question 99

Multiple Choice

Which of the following statements is false?

• A)While the use of standard costing is acceptable for job-order costing systems,actual cost records should still be maintained.
• B)It is normally more time-consuming for a company to use standard costs in a job-order costing system.
• C)Standards can be used in a job-order costing system,if the company usually produces items that are similar in nature.
• D)Standard costs may be used for material,labor,or both material and labor in a job-order costing environment.

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