Cost object

A cost object is a term used primarily in cost accounting to describe something to which costs are assigned. Common examples of cost objects are: product lines, geographic territories, customers, departments or anything else for which management would like to quantify cost.

The use of cost objects is very common with activity based costing systems.

References


    This article is issued from Wikipedia - version of the Wednesday, January 07, 2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.