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All the following statements about language are true except:
Operating Departments
Sections within a business that are directly involved in its core operations or primary activities, contributing to the production of goods or services.
Process Costing
A pricing approach applied in production settings, where expenses are allocated to specific processes or departments, ideal for uniform products.
Ending Work
Refers to the final stages of a project or the remaining inventory in production at the end of an accounting period.
Inventory
The raw materials, work-in-process goods, and completely finished goods that are considered to be the portion of a business's assets that are ready or will be ready for sale.
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