True
A job order cost system and a process cost system are two different methods for accumulating product costs.
In a job order cost system, costs are accumulated for each specific job or project. This system is typically used when the products being produced are unique, custom-made, or have specific customer requirements.
In a process cost system, costs are accumulated for each process or department involved in the production of a product. This system is typically used when the products being produced are similar and the production process is repetitive.