In a process costing system, which of the following would be TRUE?
A) A process costing system is more expensive because it has more work-in-process accounts.
B) There is no need to track materials to processes.
C) There is no need to use time tickets to assign costs to processes.
D) All of these are true.

Question

Quizplus · Accepted Answer

In a process costing system, costs are accumulated by process or department, so there is no need to use time tickets to assign costs to specific jobs or processes, unlike in job-order costing systems.

In a Process Costing System, Which of the Following Would