Professional services most closely relates to which of the following cost systems?
A) Mass services costing system
B) Job costing system
C) Process costing system
D) Hybrid costing system

Question

Quizplus · Accepted Answer

Professional services involve the provision of customized services to a specific client, which are unique and specific to their needs. A job costing system is best suited for this type of service as it identifies and records the costs directly associated with the production of a specific job, project, or service. This system allows for the tracking of direct and indirect costs associated with each job, allowing for more accurate pricing and cost control.

Professional Services Most Closely Relates to Which of the Following