Which Is NOT a Difference Between the Job-Order Costing System

question 39

Multiple Choice

Which is NOT a difference between the job-order costing system and the process costing system?

• A) They accumulate their costs to different cost objectives.
• B) The number of work-in-process accounts is different.
• C) One does not use the finished goods account.
• D) All of these.

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Definitions:

Extrinsic Rewards

Motivators external to the job itself, such as salary, benefits, and recognition, that influence an individual’s performance.

Valence Rewards

The perceived desirability of an outcome, motivating individuals to act in a certain way.

Employee-Of-The-Month

A recognition program in which an employee is honored for outstanding performance, contribution, or attitude over a specified period.

Gain Sharing

A compensation strategy where employees receive financial rewards based on improvements in the company's performance, meant to increase productivity and morale.