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Which of the Following Statements Is False

Question 115

Multiple Choice

Which of the following statements is false?


A) While the use of standard costing is acceptable for job-order costing systems,actual cost records should still be maintained.
B) It is normally more time-consuming for a company to use standard costs in a job-order costing system.
C) Standards can be used in a job-order costing system,if the company usually produces items that are similar in nature.
D) Standard costs may be used for material,labor,or both material and labor in a job-order costing environment.

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