QUESTION (1) ANSWER Which of the following is true of a process cost system?...

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Accounting

QUESTION (1)
ANSWER
Which of the following is true of a process cost system?
There is just one general ledger account with a subsidiary ledger containing individual job cost sheets.
All listed are true.
A company manufactures batches of unique products or provides specialized services.
A company manufactures homogenous products through a series of uniform steps or processes.
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