Jurisprudence is the science or philosophy of law, or law in its most generalized form

Which of the following statements is true of process costing?

A) It uses one Work-in-Process Inventory account. B) It tracks and assigns both period costs and product costs to units produced. C) It accumulates product costs by production departments. D) It assigns manufacturing overhead costs to products only in the last production process.

The Central Limit Theorem says that if a number of probability distributions are summed:

A) The standard deviation of the sum equals the sum of the standard deviations. B) The variance of the sum equals the sum of the variances. C) The standard deviation of the sum is greater than the sum of the standard deviations. D) The variance of the sum is less than the sum of the variances.