The underground economy refers to used product sellers who sell in secondary markets. It is thought to make up of the US gross national product. less than 1% 3-30% 31-50% more than 50%

Which one of the following statements is correct? process costing systems use periodic inventory systems. process costing systems assign costs to departments or processes for a time period. companies that produce many different products or services are more likely to use process costing systems. production is continuous when a job-order costing is used to ensure that adequate quantities are on hand.