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Which is not a characteristic of process costing system

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Reference no: EM132533982

Question 1: Which of the following statement is not a characteristic of a process costing system?

Select one:

A. Only one work-in-process account is needed.

B. There may be differences in the timing of the various inputs.

C. Costs are accumulated by process rather than by job.

D. Goods are relatively homogeneous.

E. Different cost flow assumptions are allowable.

Reference no: EM132533982

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