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Sphinxa [80]
3 years ago
5

Which one of the following statements is true?

Business
1 answer:
n200080 [17]3 years ago
8 0

The Statements-In a j<u>ob-costing syste</u>m, individual jobs use different quantities of production resources,  In a <u>process-costing system</u> each unit uses approximately the same amount of resources.-Both the statement are True

(D) Both (a) and (b) are true.

Explanation:

A <u>job costing system</u> is a system in which the cost associated with a particular job is calculated.This information is important in order to submit the cost information to the customer under a contract

<u>For example:</u>Job costing is required for deriving the cost of construction of a building,for designing a software

<u>Process costing is a term that is used  in cost accounting.</u>

It is used  to calculate the manufacturing cost of a Product.

<u>A processing cost system </u>is used during the mass production of the  identical units .

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5 0
1 year ago
What are long-term decisions that set the direction for the entire organization called?a. Tactical b. Operational c. Directional
kvv77 [185]

Answer:

The correct answer is letter "E": Strategic.

Explanation:

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Which of the following scenarios illustrates the law of demand?
Genrish500 [490]

Answer:

Option B is correct.

Explanation:

In order to answer this question correctly, we first need to understand the law of demands.

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Option B is the most relevant to the Law of Demand which says that Kathleen eats more steak when the price is low. It means when the price is low, the quantity of steak demanded is higher in Kathleen's case. Furthermore, Kathleen eats less when the price is high. It means, when the price of steak is higher then the quantity of steak demanded from Kathleen is low.

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snow_tiger [21]
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