True or False

1. Fraud involves the use of ones job for personal gain through the deliberate misuse of the employers assets.
2. In a Cost Volume Profit (CVP) analysis, mixed costs should not be separated into fixed and variable components, rather they should be treated as their own unique cost category.
3. Unlike direct materials and direct labor, actual overhead costs are not traced directly to individual jobs, yet each jobs total cost must include estimated overhead costs.
4. Process Costing is used for the production of large, unique, or high-cost items that are built to order, rather than mass produced, where many costs can be directly traced to each job.
5. Sales mix is the ratio of the volumes of the various products
6. The measurement focus in a job order costing system is on the Individual Job whereas in a process costing system, it is on the Individual Process.