Saturday, August 14, 2010

Question about Job-costing and Process-costing for Cost Accounting?

Question about Job-costing and Process-costing for Cost Accounting?
Do you think job-costing and process-costing are mere ways to allocate costs for internal users or do you think their results also impact external users via financial accounting and the financial statements?
Homework Help - 1 Answers
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Answer 1 :
I think they are skewed to internal use.

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