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Distinguish between the two types of cost accounting

1. (a) Distinguish between the two types of cost accounting systems.

(b) Can a company use both types of cost accounting systems?

2. What type of industry is likely to use a job order cost system? Give some examples.

3. What type of industry is likely to use a process cost system? Give some examples.

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Cost Accounting: Distinguish between the two types of cost accounting

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Cost Accounting: Distinguish between the two types of cost accounting

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