Which of the Following Is Not a Component of Process

question 124

Multiple Choice

Which of the following is not a component of process cost systems?

• A) Multiple work in process accounts.
• B) Cost of production report.
• C) Job cost sheet.
• D) None of these.

---

Definitions:

Cost Center

A department or function within an organization to which costs can be allocated, but which does not directly generate revenue.

Departmental Operating Margin

A measure of the profitability of individual departments within a business, calculated as the difference between departmental revenue and expenses.

Operating Expenses

Costs incurred in the normal operation of a business, excluding the cost of goods sold.

Direct Expenses

Expenses that can be traced directly to a specific department.