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Question 7 Which of the following statements about process cost accounting is false? For production process where homogeneous goods are continuously produced. Basic journal entries

Question 7 Which of the following statements about process cost accounting is false? For production process where homogeneous goods are continuously produced. Basic journal entries are similar to those for job order cost accounting. Cannot be applied to situations with an ending work in process. Total cost is allocated between ending work in process plus units completed

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