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7 Traditionally, job order costing and process costing were used to cost products and services; however, during the 1990s activity-based costing was introduced as alternative
7 Traditionally, job order costing and process costing were used to cost products and services; however, during the 1990s activity-based costing was introduced as alternative costing systems. Differentiate between the traditional costing systems and activity-based costing. Your answer should indicate when it is appropriate to use each, and the benefits and limitations of each type
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