Which of the following is not a characteristic of a process cost system?
A) manufacturing costs are grouped by departments
B) the system may use several work in process accounts
C) the system measures costs for each completed job
D) the system allocates costs between completed and partially completed units within a department

Question

Quizplus · Accepted Answer

The characteristic described in option C is not a characteristic of a process cost system. In process cost system, costs are accumulated for each department or process, rather than for each completed job. The other options, i.e., A, B, and D are characteristics of a process cost system.

Which of the Following Is Not a Characteristic of a Process