________ costing is a cost management system that measures the cost of products,services and customers.

Question

Quizplus · Accepted Answer

All of these answers are correct because process costing, job costing, and normal costing are all cost management systems used to measure the cost of products, services, and customers, but in different contexts or types of businesses. Process costing is used for homogeneous products, job costing for custom products or jobs, and normal costing as a way to allocate overhead costs in both types of environments.

________ Costing Is a Cost Management System That Measures the Cost