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Tutors-R-Us provides academic enrichment and review activities for high school students in 4 subject areas: English, mathematics, science, and history. In November 20x1, the firm's information system produced the following data:
-Which of the following could be a cost object for Tutors-R-Us? I. A student
II. A subject area
III. A cost pool
A) I and II only
B) II and III only
C) I and III only
D) I, II, and III

Question

Use the following information for the next 6 questions.
Tutors-R-Us provides academic enrichment and review activities for high school students in 4 subject areas: English, mathematics, science, and history. In November 20x1, the firm's information system produced the following data: 
-Which of the following could be a cost object for Tutors-R-Us? I. A student
II. A subject area
III. A cost pool
A) I and II only 
B) II and III only 
C) I and III only 
D) I, II, and III

Quizplus · Accepted Answer

A student and a subject area can be considered cost objects as they can be separately measured and tracked for costs. A cost pool, however, is a collection of costs rather than a single object.

Use the Following Information for the Next 6 Questions