Compared to a general accounting system,a cost accounting system for a manufacturing company emphasizes:

A) Periodic inventory counts.
B) Total costs.
C) Continually updating costs of materials,work in process,and finished goods inventories.
D) Products and average costs.
E) Large volume operations involving standardized products.

Cost Accounting System

A method of accounting for the collection, recording, classification, analysis, and allocation of direct costs, indirect costs, and overheads to cost units and cost centres for budgeting, controlling, and decision making.

General Accounting System

The underlying system and processes used to record, classify, and report on financial transactions and conditions, ensuring accuracy and compliance with regulations.

Manufacturing Company

A type of business that produces finished goods from raw materials through the use of labor, machinery, and equipment, oftentimes in a systematic and standardized process.