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Unformatted text preview: produce products based on sales forecasts 58. A company with department names like fabrication, painting, and finishing is likely to use what type of costing to reflect its production operation? (Points: 5) job order 59. An artist creates original works on commission. She is likely to use what type of costing? (Points: 5) job order 60. John Adams is a cash receipts clerk for Boro Company. He receives payments from customers and records the payments to the customers' accounts. John receives a payment from Bobbie Jones for merchandise purchased on account. But, instead of recording the payment to Jones' account and depositing the cash, he pockets the cash. Later, John receives a payment from Shorty Cobb. Instead of recording the payment to Cobb's account, he records it to Jones' account. This is an example of (Points: 5) lapping...
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- Winter '11
- Income Statement