Question
Which of the following is correct concerning the number of Work in Process accounts used by job-order and process cost systems? a. job-order = several;
Which of the following is correct concerning the number of Work in Process accounts used by job-order and process cost systems?
| a. | job-order = several; process cost = one |
| b. | job-order = one control account for each job; process cost = one for each process |
| c. | job-order = one control account; process cost = one for each process |
| d. | job-order = none; process cost = several |
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Intermediate Accounting IFRS
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
3rd edition
978-1119372936
