Which of the following statements is (are)false? (A)Operations costing accounts for material costs like job costing and conversion costs like process costing.
(B)An automobile manufacturer is more likely to use an operations costing system than a process costing system.

Question

Quizplus · Accepted Answer

Both statements are true. Operations costing is a hybrid system that combines elements of both job costing and process costing, and an automobile manufacturer typically uses operations costing due to the customized nature of some components and standardized processes for others.

Which of the Following Statements Is (Are)false? (A)Operations Costing Accounts