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    Business
  3. Study Set
    Fundamental Managerial Accounting Concepts Study Set 2
  4. Exam
    Exam 12: Job-Order, Process, and Hybrid Costing Systems
  5. Question
    A Process Cost System Uses Just Two Inventory Accounts, Raw
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A Process Cost System Uses Just Two Inventory Accounts, Raw

Question 112

Question 112

True/False

A process cost system uses just two inventory accounts, Raw Materials Inventory and Work in Process Inventory.

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