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knightrider274 knightrider274
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7 years ago
Which of the following is not a way in which management can use job cost information?
A) Assessing and comparing the profitability of each product type
B) Using the cost information in determining the bid price for custom orders
C) Preparing the financial statements
D) Determining the balance in raw materials inventory
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wrote...
7 years ago
The answer is option C. Job costing is used in managerial accounting and cannot be used in financial accounting (preparation of FS).
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