Question

Cost objects include:?

1) products
2) customers
3) departments
4) All of these answers are correct.

Answer 1

Cost objects refer to the items or entities for which costs are measured or assigned, and they can include products, customers, and departments.

Step-by-step explanation:

All of these answers are correct.: Cost objects refer to the items or entities for which costs are measured or assigned. In business, cost objects can include products, customers, and departments. For example, a manufacturing company may track the cost of producing a specific product, the cost associated with serving a particular customer, and the cost incurred by different departments within the organization. Cost objects are essential for analyzing and managing costs effectively.