A Process Cost Accounting System Provides for a Separate Record

question 108

True/False

A process cost accounting system provides for a separate record of the cost of each particular quantity of product that passes through the factory.

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Definitions:

Null

A value used in databases and programming to represent the absence of a value or a 'nothing' state.

Zero-Length

A term that refers to a string or text field that is allowed to have no characters, essentially being empty but not null.

Multivalued

Describes an attribute or field in a database that can hold multiple values in a single record.

Lookup List

A pre-defined list of values that can be selected within a form or database field.