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    Fundamental Accounting Principles Study Set 1
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    Exam 20: Process Costing
  5. Question
    Process Costing Typically Uses Only One Work in Process Inventory
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Process Costing Typically Uses Only One Work in Process Inventory

Question 157

Question 157

True/False

Process costing typically uses only one Work in Process Inventory account, while job order costing typically uses a separate Work in Process Inventory account for each department.

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