A Difference Between Job Costing and Process Costing Is That

question 66

Multiple Choice

A difference between job costing and process costing is that:

• A)job-costing systems usually do not distinguish between normal spoilage attributable to all jobs and normal spoilage attributable to a specific job
• B)job-costing systems usually distinguish between normal spoilage attributable to a specific job and spoilage common to all jobs
• C)process costing normally does not distinguish between normal spoilage attributable to a specific job and spoilage common to all jobs
• D)Both B and C are correct.

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Definitions:

Transactional Relationship

A business relationship focused primarily on the exchange of goods or services for payment, with little personal connection.

Distinct Component

a unique and identifiable part of a larger system or product, which serves a specific function and is often necessary for the overall operation or effectiveness.

Sales Call

A communication, either via telephone or face-to-face, initiated by a salesperson towards a potential or existing customer with the objective of making a sale.

Logical Sequence

An arrangement of ideas or actions in a coherent order that follows clear and rational progression.