All inputs and outputs in the process account are valued in terms of both money and units.

Name: All inputs and outputs in the process account are valued in terms of both money and units.
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In process accounting, inputs and outputs are primarily measured in physical units (e.g., kilograms, liters) to track the flow of materials through the production process, although financial values can also be assigned for costing purposes.

All Inputs and Outputs in the Process Account Are Valued