Which of the Following Are Similar for Job Order and Process

question 57

Multiple Choice

Which of the following are similar for job order and process costing?

• A) Record keeping
• B) Measures of output
• C) Focal point of costs
• D) Cost flows, i.e. raw materials to work in process to finished goods to cost of sales

---

Definitions:

Formal Guidelines

Officially established rules or instructions that dictate how something should be done, ensuring consistency and compliance in various procedures or behaviors.

Ethical Behavior

Conducting oneself in accordance with moral principles, societal norms, and professional standards of conduct.

Flexibility

The ability of an individual or organization to adapt to changes and adjust strategies or operations in response to evolving circumstances or opportunities.

Creating Schedule

The process of planning activities or tasks with assigned times for completion or occurrence.