a. Which of the following is a difference between a job-order costing system and a process-costing system?

	a.	A job-order costing system uses a single work-in-process account, while a process-costing system has a work-in-process account for every process.
	b.	A job-order costing system accumulates costs by department, while a process costing-system accumulates costs by job.
	c.	A job-order costing system is used only by manufacturing firms, while a process-costing system is used by both manufacturing firms and service firms.
	d.	A job-order costing system uses cost-sheets for assigning labor costs, while a process-costing system uses time tickets for assigning labor costs to processes.

b. Which of the following is NOT an example of a difference between the income statement of a service organization and the income statement of a manufacturing organization?

	a.	Fulfillment costs may be added to cost of goods sold of a service company.
	b.	A service company will never have work in process.
	c.	Research and development expenses are not usually a major component of a service organization.
	d.	The service company will not have a finished goods inventory.