The Two Basic Types of Cost Accounting Systems Are

question 10

Multiple Choice

The two basic types of cost accounting systems are:

• A) Job order costing and perpetual costing.
• B) Job order costing and customized product costing.
• C) Job order costing and customized service costing.
• D) Job order costing and process costing.
• E) Job order costing and periodic costing.

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Definitions:

Trance State

A temporary mental condition often characterized by hyper-focused attention, reduced peripheral awareness, and heightened suggestibility.

Ju/'hoansi

The Ju/'hoansi are a group of indigenous people belonging to the San society, known for their hunter-gatherer lifestyle predominantly in the Kalahari Desert area.

Mana

A concept in Polynesian culture referring to a supernatural force or spiritual energy inherent in people, objects, and the environment.

Animatism

The belief that nature is enlivened or energized by an impersonal spiritual force or supernatural energy, which may make itself manifest in any special place, thing, or living creature.