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Which one of the following is a characteristic that job-order cost systems and process cost systems have in common? Both systems are used for custom
Which one of the following is a characteristic that job-order cost systems and process cost systems have in common?
| Both systems are used for custom made, unique products. |
| They both use perpetual inventory systems. |
| Both systems assign costs to specific jobs. |
| The objective is to determine the efficiency of production. |
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