A cost object is:
A) a collection of costs to be assigned.
B) a responsibility center, product, or service to which cost is to be assigned.
C) the tool used to charge cost dollars to user departments.
D) the primary function of a responsibility accounting system.
E) a common cost.

Question

Quizplus · Accepted Answer

A cost object is any item for which costs are measured and assigned, including products, services, projects, customers, or business units.

A Cost Object Is