Which of the Following Is NOT an Example of a Possible

question 167

Multiple Choice

Which of the following is NOT an example of a possible cost object?

• A)a product
• B)a customer
• C)a department
• D)headquarters

---

Definitions:

Asset Account

An account on a balance sheet representing tangible or intangible items of value owned by a company.

Trial Balance

A ledger balance sheet summarizing all accounts, showing equal totals for both credit and debit columns.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal.