An Example of an Industry That Uses Process Costing Might

question 282

Multiple Choice

An example of an industry that uses process costing might be a

• A)custom printer.
• B)homebuilder.
• C)shipbuilder.
• D)company that makes cement.

---

Definitions:

Stock Market

A public market for buying, selling, and issuance of stocks of publicly held companies, facilitating equity investment and ownership.

Value

The economic worth of a good, service, asset, or company based on the benefits or returns it provides.

Pre-Tax Cost

The expense associated with purchasing or investing before any taxes are applied.

Yield To Maturity

The total return anticipated on a bond if it is held until the date of maturity, accounting for both interest payments and the principal repayment.