Which of the following companies (industries) would not use a process cost system?
A) Georgia-Pacific Corporation (Lumber and Paper)
B) Accenture (Consulting)
C) Bayer Pharmaceutical (Drugs)
D) Reichhold Chemical (Chemicals)

Question

Quizplus · Accepted Answer

Process cost systems are used in industries where the products are homogeneous and produced in large quantities using a continuous process. Consulting services provided by Accenture do not fall under this criteria, which is why they would not use a process cost system. On the other hand, Georgia-Pacific Corporation, Bayer Pharmaceutical, and Reichhold Chemical are likely to use process cost systems in their respective industries.

Which of the Following Companies (Industries) Would Not Use a Process