Which of the Following Statements Is FALSE

question 130

Multiple Choice

Which of the following statements is FALSE?

• A) A job order costing system would be used by manufacturers of custom made products.
• B) A process costing system would be used by manufacturers of commodities, such as flour or sugar.
• C) A service firm would likely use a job order costing system.
• D) A print and copy shop would likely use a process costing system.

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Definitions:

Performance Criteria

Standards or benchmarks used to evaluate the effectiveness or success of a task, process, or individual’s performance.

Sole Focus

The main or only point of concentration or attention on a specific matter or activity.

Future of the Relationship

Possible outcomes and directions in which a relationship might develop over time.

Level of Trust

The degree of confidence one party has in another's motives, actions, and statements in a relationship or situation.