Competition is best fostered in which kinds of local economies? O loosely regulated tribal societies such as those in parts of Africa
heavily regulated communist societies such as that of Cuba
O regulated capitalist economies such as those in the United States and much of Europe
O unregulated economies of any kind

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.