Which of the following statements best captures the difference between job order costing and process costing?

A. Job order costing is used for the production of unique or customized products, while process costing is used for mass-produced products.

B. Job order costing is a simpler and less expensive method of costing compared to process costing.

C. Job order costing is used for the production of large batches of products, while process costing is used for small batches.

D. Job order costing and process costing are interchangeable terms, and can be used interchangeably in all types of manufacturing operations.

E. Job order costing is a method used only in manufacturing, while process costing is used in both manufacturing and service industries.