Which of the Following Are the Two Main Types of Cost

question 39

Multiple Choice

Which of the following are the two main types of cost accounting systems for manufacturing operations?

• A) process cost and general accounting systems
• B) job order cost and process cost systems
• C) job order and general accounting systems
• D) process cost and replacement cost systems

---

Definitions:

PHI

See protected health information.

Federal or State Statute

Laws established by the federal government or individual state legislatures that govern various aspects of society, including public health and safety.

Interoperability Standards

Agreed-upon specifications that enable different information technology systems and software applications to communicate, exchange, and use information efficiently.

Access Electronic Records

The process of retrieving and managing records stored in digital format.