Which of the Following Statements About Job-Order Costing and Process

question 87

Multiple Choice

Which of the following statements about job-order costing and process costing is TRUE?

• A)Process costing uses a single work-in-process account and job-order costing uses multiple work-in-process accounts.
• B)Job-order costing uses a single work-in-process account for each job and process costing uses one work-in-process account for each process.
• C)Process costing is used for products that are easily separated and individually identifiable.
• D)Both process costing and job-order costing use a single work-in-process account.

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Definitions:

Phenotype

The actual form, or constitution, of a person as determined by heredity and environmental factors.

Heredity

The passing of traits from parents to offspring through genes.

Pelvic Inflammatory Disease

An infection of the female reproductive organs, often caused by sexually transmitted infections, leading to severe health complications including infertility.

PID

Pelvic Inflammatory Disease, a condition affecting women characterized by infection and inflammation of the reproductive organs, often caused by sexually transmitted infections.