What Is the Name of the Line of Text That

question 15

Multiple Choice

What is the name of the line of text that displays at the top of a newsletter?

• A)Masthead
• B)Page Header
• C)Report Header
• D)Heading

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Definitions:

Explicit Costs

Dollar costs incurred by business firms, such as wages, rent, and interest.

Implicit Costs

The opportunity costs that are not directly incurred but represent the loss of alternative benefits when choosing one option over another.

Explicit Costs

Direct, out-of-pocket payments for goods and services required to run a business.

Accounting Profit

Sales minus explicit cost. Implicit costs are not considered.