A cost is

A cost is A sacrifice All of the above Measurement of consumption of resources Release of something of value

Debtors mean:

Debtors mean: Amount owing by owners Amount owing by outsiders Amount owing by investors Amount owing by customers

Accounting cycle is

Accounting cycle is  To prepare up to Trial Balance To record the journals To post journal into ledger From recording transactions to preparation of final accounts

Prime cost means

Prime cost means Direct materials Direct materials and direct labor Direct labor Direct materials, direct labor and direct expense