Which of the Following Expressions Is Correct

question 54

Multiple Choice

Which of the following expressions is correct?

• A)accounting profit = economic profit + implicit costs
• B)accounting profit = total revenue − implicit costs
• C)economic profit = accounting profit + explicit costs
• D)economic profit = total revenue − implicit costs

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Definitions:

Computer Security

The protection of computer systems and networks from theft, damage, or unauthorized access to their hardware, software, or data.

Automatic Log Off

A security feature that automatically signs a user out of a system or application after a specified period of inactivity.

Encryption

A method of securing digital information by converting it into a code to prevent unauthorized access.

Voice Recognition

Technology that identifies and interprets human speech, allowing devices to understand and respond to vocal commands.