Which of the Following Would Be a Private Cost to a Cigarette

question 93

Multiple Choice

Which of the following would be a private cost to a cigarette manufacturer?

• A)Price of leaf tobacco.
• B)Cost to the government of the hospital expenses of indigent smokers.
• C)Increased risk of cancer to the non-smoking passengers in the smoker's carpool.
• D)Price of a pack of cigarettes.
• E)The loss in utility received because smokers must stand outside their office buildings in the winter to smoke.

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Definitions:

Accounts Receivable

Outstanding payments due to a business from its clients for goods or services already delivered but not yet settled.

Unearned Revenues

Funds paid to a business for products or services that are to be supplied or carried out in the future.

Adjusting Entry

An accounting entry made in the books at the end of an accounting period to allocate income and expenditure to the correct period.

Accrued Revenue

Revenue that has been earned through sales or services provided but not yet received by the company.