Operation costing is just another name for process costing as both systems trace all production costs to processes or departments.

Name: Operation costing is just another name for process costing as both systems trace all production costs to processes or departments.
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Question

Quizplus · Accepted Answer

Operation costing is a hybrid costing system that combines elements of both job costing and process costing, used in manufacturing goods that have some common characteristics and also some individual characteristics.

Operation Costing Is Just Another Name for Process Costing as Both