When management accountants use ______________ systems,they separate costs into cost categories according to when they are introduced into the process.

Question

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Process costing systems are used to separate costs into cost categories based on when they are incurred in the production process. This is in contrast to job costing systems, which allocate costs to specific individual jobs or projects. Hybrid systems incorporate elements of both job and process costing. Accounting systems may refer to any system used to record and report financial information, but not specifically related to cost allocation.

When Management Accountants Use ______________ Systems,they Separate Costs into Cost