A Manufacturing Company May Choose to Use Either a Job

question 9

True/False

A manufacturing company may choose to use either a job order cost accounting system or a process cost accounting system,without considering the manner in which it produces its products.

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Definitions:

Specific Procedure

A set of established steps or actions designed to achieve a particular outcome or result in a precise manner.

Behavior

The observable actions or reactions of humans or animals in response to external or internal stimuli.

Variable

Any characteristic whose values can change.

Testable Hypothesis

A prediction that has been formulated specifically enough so that it is clear what observations would confirm the prediction and what observations would challenge it.