Question
Part 1- Which of the following is not an example of a type of company that would likely prefer a process costing system? Select one:
Part 1-
Which of the following is not an example of a type of company that would likely prefer a process costing system?
Select one:
A. Electricity generation
B. Packaged food production
C. Home building
D. Oil refining
Part2-
In a job order costing system:
Select one:
A. Each department accumulates costs and then allocates them to all units produced.
B. The processes involved in manufacturing products are essentially identical for all products.
C. Production generally happens in a "continual flow".
D. The end products are relatively homogenous.
E. None of the above
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