Which of These Is Not a Cost Object

question 50

Multiple Choice

Which of these is not a cost object?

• A) A product
• B) A service
• C) An activity
• D) Cash at bank

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Definitions:

Oil Prices

The cost per barrel of crude oil as determined by global supply and demand factors.

General Theory

A broad and fundamental principle or set of principles intended to explain a major phenomenon or field of study.

Full Employment

The level of employment where all who are willing and able to work at current wage rates are employed; often considered an indication of an economy's health.

Industrial Economy

An economy characterized by significant industrial activity, often involving manufacturing and the production of goods.