Multiple Choice
Which of the following statements is not always true?
A) The job-order costing system is used by manufacturing companies.
B) The job-order cost sheet is subsidiary to the work-in-process account.
C) The job-order costing system is simpler to use than process costing because the record keeping requirements are less.
D) All costs used in job-ordering costing are actual costs.
Correct Answer:
Verified
Correct Answer:
Verified
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