Which of the following are the two main types of cost accounting systems for manufacturing operations?

Question

Quizplus · Accepted Answer

The two main types of cost accounting systems for manufacturing operations are job order cost and process cost systems. Job order cost systems are used when products are made in batches or on a per-order basis, while process cost systems are used when products are made in large quantities on a continuous basis. General accounting systems are not specifically related to manufacturing operations, and replacement cost systems are not a commonly recognized type of cost accounting system.

Which of the Following Are the Two Main Types of Cost