Which of the Following Product Costing Systems Is Normally Used

question 56

Multiple Choice

Which of the following product costing systems is normally used to assign costs to goods that are produced in unique batches?

• A)Fixed costing
• B)Job costing
• C)Process costing
• D)LIFO costing

---

Definitions:

Customer Relationship Management

A system for managing a company’s interactions with current and future customers, often utilizing technology to organize, automate, and synchronize sales, marketing, customer service, and technical support.

Supply Chain Management

The management of the flow of goods and services, including all processes that transform raw materials into final products.

Functional Barriers

Obstacles arising from the structure and functioning of an organization that hinder communication and cooperation among different departments or units.

Information Competency

The ability to locate, evaluate, and use information effectively, often regarded as an essential skill in the digital age.