A hybrid cost system is one that combines features of both process and job-order inventory systems.

Name: A hybrid cost system is one that combines features of both process and job-order inventory systems.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A hybrid cost system uses elements from both process and job-order inventory systems to track and assign costs to products or services. This allows for a more accurate and specific cost allocation that suits the needs of the company.

A Hybrid Cost System Is One That Combines Features of Both