Material or anything for which cost is to be measured is known as

The correct answer is: B. cost object

A cost object is anything for which costs are to be assigned. It is a central concept in cost accounting, and is used to track the costs of products, services, and activities.

A measurement object is a physical or conceptual entity that is measured. It can be a person, a place, a thing, or an event.

An accounting object is an entity that is used to track financial information. It can be a person, a

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