Job-costing and process-costing are mutually exclusive, hence a hybrid costing system that combines elements of both job and process costing cannot be used

The asset leased under an operating lease requires the lessee to record depreciation expense

a. True b. False Indicate whether the statement is true or false

Arbitrators can make decisions that are binding for both the union and management

a. True b. False Indicate whether the statement is true or false