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    Accounting Study Set 1
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    Exam 20: Process Costing
  5. Question
    Both Job Order Costing and Process Costing ________
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Both Job Order Costing and Process Costing ________

Question 98

Question 98

Multiple Choice

Both job order costing and process costing ________.


A) maintain a single Work-in-Process Inventory account
B) treat all period costs as product costs
C) follow last-in, first-out method for inventory valuation
D) have the same type of product costs

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