An activity for which a separate measurement of costs is desired is called a
A) cost objective.
B) period cost.
C) product cost.
D) cost accumulation system.

Question

Quizplus · Accepted Answer

Cost objective refers to an activity, product, or project for which a separate measurement of costs is desired. By identifying a cost objective, it becomes possible to track and allocate costs associated with it separately from other activities or products. This helps in determining the profitability of the specific cost objective and making informed decisions regarding its viability.

An Activity for Which a Separate Measurement of Costs Is