A Company Should Use Process Costing Rather Than Job Order

question 53

Multiple Choice

A company should use process costing rather than job order costing if

• A)production is only partially completed during the accounting period.
• B)the product is produced in batches only as orders are received.
• C)the product is composed of mass-produced homogeneous units.
• D)the product goes through a single stage of production.

---

Definitions:

Groupthink

A psychological phenomenon where the desire for harmony or conformity in a group results in an irrational or dysfunctional decision-making outcome.

Social Facilitation

The tendency for individuals to perform tasks better when they are in the presence of others.

Delphi Technique

A structured communication technique or method, which relies on a panel of experts to forecast or make decisions through rounds of anonymous questionnaires.

Rational Decision-Making Technique

An approach to decision-making characterized by a systematic, logical evaluation of alternatives.