Question 8.8. Service firms use similar job costing procedures as manufacturing companies. However, a few slight differences exist. Which of the following is not a difference between job costing for service firms and job costing for manufacturing companies? (Points : 1)

Service firms generally use fewer direct materials that manufacturing companies. Service firms' overhead accounts have slightly different titles (e.g., Applied Service Overhead). Service firms' finished jobs are charged to Cost of Services Billed instead of Cost of Goods Sold. Service firms' do not use a Work-in-Process account for contracts that are partially complete.