Which of the Following Is a Similarity Between Job Order

question 12

Multiple Choice

Which of the following is a similarity between job order costing and process costing systems?

• A)Both accumulate product costs throughout the production process and assign those costs to individual units of production
• B)Both accumulate direct materials,direct labor,and manufacturing overhead costs
• C)Both track cost flows from raw materials to work in process,from work in process to finished goods,and from finished goods to cost of goods sold
• D)All of these ans choices are similarities between job costing and process costing systems

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Definitions:

Net Useful Energy

The amount of energy available for use after subtracting energy losses in conversion, transmission, and distribution.

Natural Gas

A fossil fuel consisting mainly of methane, used as an energy source for heating, cooking, and electricity generation, and as a fuel for vehicles.

Tax Credits

Government incentives that reduce the amount of tax owed, dollar for dollar, to encourage certain activities or investments.

Energy Efficiency

The practice of using less energy to provide the same service or achieve the same result.