Which of the Following Statement(s) Is (Are) Correct? I

Multiple Choice

Which of the following statement(s) is (are) correct? I. It is easy to distinguish the balance sheet of a company that uses a process costing system from that of a company that uses job-order costing
II) A process cost system requires a work in process account for each processing department, while a job order system uses a single work in process account
III) Process cost systems use multiple Finished Goods Inventory accounts

A) I only
B) II only
C) II and III
D) I, II, and III