Which of the Following Statements Is False

question 31

Multiple Choice

Which of the following statements is false?
i. Job costing accumulates costs by jobs or batches.
ii. Process costing accumulates costs by departments or processes.
iii. Process costing accumulates costs for specific time periods.
iv. Job costing accumulates costs by departments.

• A) i and ii
• B) ii
• C) iv
• D) iii and iv

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Definitions:

Expert System

A system that tries to replicate the decision-making processes of human experts in order to solve specific problems.

Data Mart

A subset of a data warehouse, focused on a specific business line or team, containing data relevant for a specific group of users.

Artificial Intelligence

The replication of human thought processes and behaviors in machines programmed to emulate human actions and thinking.

Data Mining

The process of analyzing large datasets to discover patterns, trends, and relationships that can inform decision making.