Which of the following statements is true of costing systems? O A. An accounting firm would likely use a job order costing system. B. A process costing system would be used by manufacturers of custom - made perfumes. OC. A construction company would likely use a process costing system. O D. Ajob order costing system would be used by manufacturers of baking utensils.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Which of the following statements is true of costing systems?
A. An accounting firm would likely use a job order costing system.
B. A process costing system would be used by manufacturers of custom – made perfumes.
C. A construction company would likely use a process costing system.
O D. Ajob order costing system would be used by manufacturers of baking utensils.
Transcribed Image Text:Which of the following statements is true of costing systems? A. An accounting firm would likely use a job order costing system. B. A process costing system would be used by manufacturers of custom – made perfumes. C. A construction company would likely use a process costing system. O D. Ajob order costing system would be used by manufacturers of baking utensils.
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