Cost Unit is defined as:

(a) Unit of quantity of product, service or time in relation to which costs may be ascertained or 

expressed

(b) A location, person or an item of equipment or a group of these for which costs are ascertained 

and used for cost control.

(c) Centres having the responsibility of generating and maximising profits

(d) Centres concerned with earning an adequate return on investment

1 Answer

Answer :

Unit of quantity of product, service or time in relation to which costs may be ascertained or 

expressed

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