A characteristic of products that are produced in a series of steps or processes is that ________.
A) their costs are accumulated on a job cost record
B) they are homogeneous and made in large quantities
C) their costs are transferred to Finished Goods Inventory as jobs are completed
D) their costs are accounted for in one Work-in-Process Inventory account
B) they are homogeneous and made in large quantities
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Which of the following statements if false?
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