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Part (a) : Distinguish between the two types of cost accounting systems. Part (b) : May a company use both types of cost accounting systems?
Part (a): Distinguish between the two types of cost accounting systems.
Part (b): May a company use both types of cost accounting systems?
Part (c): What type of industry is likely to use a job order cost system? Give some examples and what type of industry is likely to use a process cost system?Give some examples.
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