Question: A cost object is any item for which costs are measured and assigned. True False The service firms Income Statement will have COGS. True False

  1. A cost object is any item for which costs are measured and assigned.
  1. True
  2. False
  1. The service firms Income Statement will have COGS.
  1. True
  2. False
  1. Sales COGS = GM
  1. True
  2. False

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