Which Costing System Is Generally Used by Companies Producing High

question 109

Multiple Choice

Which costing system is generally used by companies producing high value,customized products?

• A)a process costing system.
• B)a variable costing system.
• C)a job costing system.
• D)a direct costing system.

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Definitions:

Competitive Individual

A person who possesses a strong desire to win or be the best in activities, often motivated by achievement and success.

Status Structure

The set of authority and task relations among a group’s members.

Task Relations

The dynamics and interactions between tasks within a workflow or project.

Authority

signifies the legitimate power or right given to an individual or body to make decisions, command resources, and enforce obedience.