SURVEY OF ACCOUNT.(LL)-W/ACCESS>CUSTOM<
SURVEY OF ACCOUNT.(LL)-W/ACCESS>CUSTOM<
5th Edition
ISBN: 9781260222326
Author: Edmonds
Publisher: MCG CUSTOM
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Chapter 12, Problem 1Q

1.    What is a cost object? Identify four different cost objects in which an accountant would be interested.

Expert Solution & Answer
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To determine

The cost object and the 4 different cost objects that the accountant will be interested.

Explanation of Solution

A thing for which one is planning to identify the cost is termed as cost object. The 4 different cost objects that the accountant will be interested in are as follows:

  • Products
  • Services
  • Activities
  • Departments

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