The two basic types of cost accounting systems are
A) job order and job accumulation systems.
B) job order and process cost systems.
C) process cost and batch systems.
D) job order and batch systems.

Question

Quizplus · Accepted Answer

The two basic types of cost accounting systems are job order and process cost systems. In a job order system, costs are assigned to specific jobs or products, while in a process cost system, costs are assigned to specific production processes or departments.

The Two Basic Types of Cost Accounting Systems Are