The Two Basic Types of Cost Accounting Systems Are

question 44

Multiple Choice

The two basic types of cost accounting systems are:

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

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Definitions:

Reporters

Individuals or journalists who research, write, and report on news stories for various media outlets.

Chronologically

Arranged in the order of time, used to describe the sequencing of events from the earliest to the most recent.

Citation

A reference to a legal authority or document, such as statutes, case law, or regulations, used to support arguments in legal writing and proceedings.

Abbreviated Name

A shortened form of a name, often using initials or a shortened version of a longer name, to simplify identification.