Select the Most Appropriate Costing System for Each of the Following

question 107

Multiple Choice

Select the most appropriate costing system for each of the following industries
* Each costing system may be used more than once.
-Home builder

• A)Process costing
• B)Job-order costing

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Definitions:

Assumptive

Pertaining to something that is taken for granted or accepted as true without proof.

Trial

A process of testing or experimenting with a product, service, or idea to evaluate its effectiveness or market potential before full-scale launch.

Urgency

A priority or immediate need that requires swift action or attention.

Prospect's Objection

A potential customer's expressed concerns or hesitations about a product or service during the sales process.