Job order costing and process costing are

A) pricing systems
B) cost accounting systems
C) cost flow systems
D) inventory tracking systems

Process Costing

A method of costing used mainly in manufacturing where costs are assigned to batches of products rather than individual items.

Cost Accounting Systems

Systems implemented by businesses to track, record, and analyze costs associated with the products they produce and sell.

Job Order Costing

A cost accounting method used to track the costs associated with a specific job or order, capturing direct labor, direct materials, and applied overhead.