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Which of the following is NOT true about process costing? a. There are multiple predetermined overhead rates depending on the number of different activity cost

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Which of the following is NOT true about process costing? a. There are multiple predetermined overhead rates depending on the number of different activity cost pools created b. There are multiple work-in-process accounts, one for each department c. Process costing is used by companies that mass produce units for multiple orders O d. Costs flow through departments in sequential order of the production process

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