Which of the Following Businesses Is Most Likely to Use

question 28

Multiple Choice

Which of the following businesses is most likely to use process costing?

• A) chemical plant
• B) architectural firm
• C) dentist's office
• D) manufacturer of fine furniture

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Definitions:

Component Parts

Individual pieces or materials that are assembled or used together to create a finished product or to complete a larger assembly.

Private Distributor Brands

Brands, which may cost less than manufacturer brands, that are owned and controlled by a wholesaler or retailer.