Some say its not right to say primary cost element value is transferred to secondary cost element. and it should be described as primary cost is transferred to secondary cost. But technically, is it not that the values are reflected in the cost elements? And isn't primary cost = primary cost element? how to discriminate between primary cost, cost object and element?
Appreciate if online help answers are not cut-n-pasted here. I appreciate answers from 'your own words'.
I sense that I am missing some subtleties in cost concepts. Please enlighten.
Thanks. Will award when question is answered completely.