Anything for Which a Separate Measurement of Costs Is Desired

question 86

Multiple Choice

Anything for which a separate measurement of costs is desired is known as

• A)a cost item.
• B)a cost object.
• C)a fixed cost item.
• D)a variable cost object.
• E)a cost driver.

---

Definitions:

Corporate Headquarters

The main office or center of operations for a corporation, where key executive decisions are made.

Reportable

Refers to information or events significant enough to be mentioned or included in financial statements or reports.

Operating Segments

Operating segments are components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance.