The type of cost accounting system that primarily assigns costs to specific batches,or jobs,and is used where production items can be discretely identified is known as __________ cost accounting.
A)just-in-time
B)process
C)job-order
D)manufacturing resources

Question

Quizplus · Accepted Answer

Job-order cost accounting is used for assigning costs to specific jobs or batches where production items can be discretely identified. Just-in-time cost accounting is a method of inventory management, not a type of cost accounting system. Process cost accounting is used in continuous production processes, where it is not feasible to identify individual cost units. Manufacturing resources is not a type of cost accounting system.

The Type of Cost Accounting System That Primarily Assigns Costs