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please write just the correct option for all questions 1. Which of the following is a common feature of job and contract costing? Units produced
please write just the correct option for all questions
1. Which of the following is a common feature of job and contract costing? Units produced are a) Similar b) Completed within one year c) Always construction works d) Based on customer's specification 2. The two systems of keeping cost accounts are the a) Double and single entry b) Periodic and continuous c) Absorption and marginal d) Integrated and interlocking 3. In which of the following methods of costing can a completed unit at one point become raw material at another point? a) Service costing b) Process costing c) Job order costing d) Contract costing 4. Which of the following is a costing method? a) Standard costing b) Batch costing c) Marginal costing d) Absorption costing 5. Which of the following is a costing technique? a) Batch costing b) Job costing c) Service costing d) Absorption costing Step by Step Solution
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