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  3. question 4 3 pts indicate whether the following st

Question 4 3 pts Indicate whether the following statements are either TRUE or FALSE. Select...

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Accounting

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Question 4 3 pts Indicate whether the following statements are either TRUE or FALSE. Select 1. A company that uses a cost accounting system normally has only two inventory accounts: Finished Goods Inventory and Work in Process Inventory. Select) 2. A company that produces a large number of standardized units would normally not use a job order costing system. [Select) 3. Both direct and indirect labor costs are recorded on the individual job cost sheets. [Select) 4. A materials requisition is a source document used by production managers to request materials for production and also used to assign materials costs to specific jobs or to overhead

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