In a process cost system

A) a Work in Process account is maintained for each product.
B) a materials requisition must identify the job on which the materials will be used.
C) a Work in Process account is maintained for each process.
D) one Work in Process account is maintained for all the processes similar to a job order cost system.

In a process cost system, a Work in Process account is maintained for each process. This is because the production process involves a continuous flow of identical or similar units and it is not practical to track individual products or jobs. Therefore, the costs are accumulated for each process and assigned to the units flowing through that process. Option A is incorrect because maintaining a Work in Process account for each product is not practical in a process cost system. Option B is incorrect because materials requisitions are not job-specific in a process cost system. Option D is incorrect because unlike a job order cost system, a process cost system maintains separate Work in Process accounts for each process.