An Operation Costing System Would Be Applicable To

question 43

Multiple Choice

An operation costing system would be applicable to:

• A)batches of similar products where each batch is a variation of a single design
• B)the construction of a bridge
• C)a suit-making operation
• D)Both A and C are correct.

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Definitions:

Civil Matters

Legal disputes involving private individuals or organizations, typically concerning contracts, property, or family law, rather than criminal allegations.

Criminal Matters

Legal issues pertaining to crimes, which are acts or omissions violating public law and are subject to punishment by the state.

Corporation

A legal entity created under state law, considered distinct from its owners, that can own property, incur debt, sue and be sued.

Service of Process

The procedure by which a party to a lawsuit gives an appropriate notice of initial legal action to another party, court, or administrative body.