Job Order Costing and Process Costing Are

question 9

Multiple Choice

Job order costing and process costing are

• A) pricing systems
• B) cost accounting systems
• C) cost flow systems
• D) inventory tracking systems

---

Definitions:

Expiratory Reserve Volume (ERV)

The additional amount of air that can be forcibly exhaled after the completion of a normal, quiet exhalation.

Inspiratory Capacity (IC)

The maximum amount of air that can be inhaled after a normal exhalation.

Tidal Volume (TV)

The amount of air that is inhaled or exhaled during normal breathing at rest.

Inspiratory Capacity (IC)

The maximum volume of air that can be inhaled after a normal exhalation, measured to assess lung function.