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Which of the following is not a characteristic of job costing? Multiple Choice Job cost data are used for setting prices and bids. Each job

Which of the following is not a characteristic of job costing?

Multiple Choice

  • Job cost data are used for setting prices and bids.

  • Each job is distinguishable from other jobs.

  • It is possible to compare actual costs with estimated costs.

  • Identical units are produced on an ongoing basis.

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