COST ACCOUNTING
INTRODUCTION TO COST ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ is the smallest segment of activity or area or responsibility for which costs are accumulated.
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cost object
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cost center
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cost driver
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non of these
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Explanation:
Detailed explanation-1: -A cost center is typically the smallest segment of activity or responsibility area for which costs are accumulated. This approach usually is employed by departments rather than divisions. A cost center has no control over sales or marketing activities.
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