Process costing is often used by professional service providers,such as law firms.

Name: Process costing is often used by professional service providers,such as law firms.
Brand: Quizplus
Rating: 4.8 (48 reviews)

Question

Quizplus · Accepted Answer

Process costing is typically used in manufacturing settings where there is a standardized production process, making it less applicable to professional service providers such as law firms. These firms tend to use job costing or activity-based costing methods to track costs and allocate them to specific clients or projects.

Process Costing Is Often Used by Professional Service Providers,such as Law