This article possibly contains original research. (January 2008) |
A cost object is a term used primarily in cost accounting to describe something to which costs are assigned.[1] Common examples of cost objects are product lines, geographic territories, customers, departments or anything else for which management would like to quantify cost.[2]
The use of cost objects is common within activity based costing and Grenzplankostenrechnung systems.[citation needed]
See also
editReferences
edit- ^ "Cost object definition". AccountingTools. 1 November 2023. Retrieved 1 February 2024.
- ^ Averkamp, Harold. "Cost object definition". AccountingCoach. Retrieved 1 February 2024.
 | This accounting-related article is a stub. You can help Wikipedia by expanding it. |