Which statement is not correct?
A)cost objects are the reasons for performing activities
B)cost object describes the work performed in a firm
C)activities cause costs
D)cost objects create a demand for activities

Question

Quizplus · Accepted Answer

Cost objects do not describe the work performed in a firm; instead, they are items or services for which costs are measured and assigned. Activities, on the other hand, describe the work performed.

Which Statement Is Not Correct