Which of the Following Is Most Likely to Be an Implicit

question 269

Multiple Choice

Which of the following is most likely to be an implicit cost for Company X?

• A)forgone rent from the building owned and used by Company X
• B)rental payments on IBM equipment
• C)payments for raw materials purchased from Company Y
• D)transportation costs paid to a nearby trucking firm

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Definitions:

Diagnostic

Pertaining to the identification and characterization of diseases or disorders through systematic analysis of symptoms, history, and test results.

Standardized Test

A test that is administered and scored in a consistent manner to ensure legal defensibility and fairness in measurement of academic achievement or aptitude.

Mild Neurocognitive Disorder

Neurocognitive disorder in which the decline in cognitive functioning is modest and does not interfere with the ability to be independent.

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition; a handbook used by healthcare professionals as the authoritative guide to diagnose mental disorders.