Question

A cost system determines the cost of a cost object by ________. assigning and then accumulating costs assigning costs accumulating costs accumulating and then assigning costs

Answer 1

Answer:

Accumulating and then assigning costs

Explanation:

A cost accounting framework (likewise called item costing framework or costing framework) is a system utilized by firms to gauge the expense of their items for painfulness examination, stock valuation and cost control. Evaluating the exact expense of items is basic for productive tasks.  

Cost accumulation  includes the utilization of a proper cost bookkeeping framework to gather cost data.