ACC 561 Week 4 Discussion | Assignment Help | University Of Phoenix
- University of Phoenix / ACC 561
- 18 Oct 2019
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ACC 561 Week 4 Discussion | Assignment Help | University Of Phoenix
Week 4 Discussion – Costing Systems
Discussion Topic
Post a total of 3 substantive responses over 2
separate days for full participation. This includes your
initial post and 2 replies to other students.
Product costing systems are methods used
to manage inventories. Accounting systems primarily engage one of three
costing systems at a time: job order costing, process-based costing,
or activity-based costing.
Respond to the following in a minimum of 175
words:
- Briefly
explain each of the three costing systems in accounting.
- Discuss
the situations in which each system would be best employed by a
business.
Reply to at least 2 of your classmates. Be
constructive and professional in your responses.