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1. One major difference between job-order costing and process costing lies in how which inventory account is handled?
Group of answer choices
A. Merchandise inventory
B. Raw materials inventory
C. Finished goods inventory
D. Work in process inventory
2.
Process costing uses:
Group of answer choices
A. only one Work-In-Process account
B. multiple departmental Work-In-Process accounts
C. job cost sheets to accumulate costs
D. only direct materials accounts, no Work-In-Process accounts
Answer & Explanation
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