Which of the Following Is NOT an Example of Implicit

question 74

Multiple Choice

Which of the following is NOT an example of implicit costs?

• A) The return stockholders could have earned with another company.
• B) The fees the firm could have earned from leasing its computers.
• C) The revenue the firm could collect from selling its furniture.
• D) The interest the owners could have earned on their personal monies invested in the firm.
• E) The salary of the CEO.

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Definitions:

First Appearance

The initial appearance of an arrested individual before a judge, who determines whether there was probable cause for the arrest. If the judge ascertains that probable cause did not exist, the individual is freed.

Arraigned

The act of bringing a defendant before a court to formally charge them with a crime and take their plea.

Racketeer Influenced

Racketeer Influenced refers to activities or organizations affected by criminal influences, especially related to coercion, fraud, bribery, and other illegal activities as outlined by RICO (Racketeer Influenced and Corrupt Organizations Act).

Sarbanes-Oxley Act

A U.S. federal law enacted in 2002 to protect investors from the possibility of fraudulent accounting activities by corporations.