Which of the Following Statements Is False

question 66

Multiple Choice

Which of the following statements is false?

• A) In job costing, costs are accumulated by job order.
• B) In process costing, the cost per unit is found by averaging the costs incurred over the units produced.
• C) In process costing, the production costs are assigned to each unit produced.
• D) In job costing, the cost of each unit of a particular job is found by dividing the total cost of the job by the number of units in the job.

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Definitions:

Product Categorization

The process by which products are classified into different categories or groups based on their characteristics or attributes.

Positioning Strategy

A marketing approach aiming to create a distinct brand identity and value proposition in the consumer's mind.

Evoked Set

a set of particular brands or products a consumer considers during the decision-making process.

Inept Set

A group of brands that a consumer excludes from purchase consideration because they are viewed as unacceptable.