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State Whether the Following Statement is True Or False :Process Costing is Applicable to Those Industries Where Manufactures of Homogeneous and Standardised Product Are Made in a Continuous Process. - Cost Accounting(Financial Accounting and Auditing 10)

MCQ

State whether the following statement is True or False :
Process costing is applicable to those industries where manufactures of  homogeneous and standardised product are made in a continuous process.

Options

  • True

  • False

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Solution

True

Concept: Process Costing
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