The Basic Types of Cost Accounting Systems Are

question 24

Multiple Choice

The basic types of cost accounting systems are:

• A)Job order cost systems,activity based cost systems,and process cost systems.
• B)Direct cost systems and indirect cost systems.
• C)Completed job cost systems and work in process cost systems.
• D)Fixed cost systems and variable cost systems.

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Definitions:

Unpaid Leave

A period during which an employee is allowed to be absent from work without pay, often for personal, family, or medical reasons.

Transition To Parenthood

The period in which individuals or couples adapt to the roles and responsibilities of being parents.

Traditional Marital Roles

Conventional or culturally established roles and responsibilities assigned to spouses in a marriage, often differentiated by gender.

Division Of Labor

The assignment of different parts of a manufacturing process or task to different people in order to improve efficiency.