A Cost That Is Incurred When an Actual Monetary Payment

question 48

Multiple Choice

A cost that is incurred when an actual monetary payment is made is a(n) __________ cost.

• A)explicit
• B)implicit
• C)positive
• D)expressed

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Definitions:

Lead-acid Batteries

A type of rechargeable battery that uses lead peroxide and sponge lead, employing a sulfuric acid electrolyte.

Electrolyte

A substance that produces an electrically conducting solution when dissolved in a polar solvent, such as water, facilitating the flow of electric charge.

Sulfuric Acid

A highly corrosive compound used in many processes (H2SO4).

X-rays

Electromagnetic waves of high energy and very short wavelength, which can pass through many materials opaque to light.