Which of the following is a difference between a job-order costing system and a process-costing system? a. A job-order costing system accumulates costs by department, while a process costing-system accumulates costs by job. b. A job-order costing system uses a single work-in-process account, while a process-costing system has a work-in-process account for every process. c. A job-order costing system is used only by manufacturing firms, while a process-costing system is used by both manufacturing firms and service firms. d. A job-order costing system uses cost-sheets for assigning labor costs, while a process-costing system uses time tickets for assigning labor costs to processes.
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Home » Business » Which of the following is a difference between a job-order costing system and a process-costing system? a. A job-order costing system accumulates costs by department, while a process costing-system accumulates costs by job. b.