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What are the four components of an investment deal?
Cost Accounting
An area of accounting that involves measuring, recording, and reporting product costs.
Product Costs
Costs that are directly tied to the production of goods or services, including raw materials and labor.
Job Order Cost System
An accounting system that accumulates costs for each individual job or project, suitable for businesses producing unique products or services.
Process Cost System
An accounting system used to assign costs to units of production in continuous processes, tracking costs across various departments or stages of production.
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