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According to Cummings and Worley, Which of the Following Is

question 11

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According to Cummings and Worley, which of the following is NOT a skill needed by an OD practitioner?


Definitions:

Accounting Costs

Accounting costs, also known as explicit costs, refer to actual expenditures incurred by a business.

Accountant's Fees

These are charges for services provided by an accountant, such as bookkeeping, financial analysis, and preparation of financial statements and tax returns.

Marginal Cost

The increase in total cost that arises from an extra unit of production, emphasizing the cost variability.

Total Cost

The sum of all costs associated with producing a certain quantity of goods or services, including both fixed and variable costs.

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