In Activity Based Costing (ABC), the item for which measurement of cost is required is termed as:

CS Executive · Cost and Management Accounting · PYQS · December 2020
In Activity Based Costing (ABC), the item for which measurement of cost is required is termed as:
(A) Cost driver
(B) Cost object
(C) Cost pool
(D) Cost unit

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Activity Based Costing (ABC)

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