Which statement best reflects a distinguishing factor between a job-order cost system and a process cost system?
A)the detail at which costs are calculated
B)the time period each covers
C)the number of Work in Process accounts
D)the manufacturing cost elements included

Question

Quizplus · Accepted Answer

A job-order cost system typically uses multiple Work in Process accounts for each job, while a process cost system generally uses a single Work in Process account for the entire process.

Which Statement Best Reflects a Distinguishing Factor Between a Job-Order