Which of the Following Statements Is True Regarding the Differences

question 120

Multiple Choice

Which of the following statements is true regarding the differences between economic and accounting costs?

• A) Accounting costs include all implicit and explicit costs.
• B) Economic costs include implied costs only.
• C) Accountants consider only implicit costs when calculating costs.
• D) Accounting costs include only explicit costs.

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Design View

An interface mode in software that allows users to create or modify the structure of a database, form, or report visually.

DELETE Key

A key on the keyboard used to remove selected items, characters, or data.

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