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The two basic types of cost accounting systems are: A. Job order costing and perpetual costing. B. Job order costing and customized product costing. C. Job order costing and customized service costing. D. Job order costing and process costing. E. Job order costing and periodic costing.
slide 1 of 11. The Basics of the Moving Average Inventory Cost Method Point of Sale (POS) accounting software has the capability to calculate average cost per unit in its inventory costing system, since it is one of the four cost flow assumptions recognized by GAAP.