Process costing is used when

a. the production process is continuous.
b. production is aimed at filling a specific customer order.
c. dissimilar products are involved.
d. costs are to be assigned to specific jobs.

Answer: a. the production process is continuous.

Business

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This individual practices a "live and let live" style of leadership.

a. Appointed leader b. Democratic leader c. Laissez-faire leader d. Emergent leader e. Autocratic leader

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Whether a combination is a merger, a consolidation, or a share exchange, the rights and liabilities of the shareholders, the corporation, and the corporation's creditors are the _______.

Fill in the blank(s) with the appropriate word(s).

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