Examlex
Which of the following statements about intranets is NOT TRUE?
Total Cost
The complete cost of production, combining both fixed and variable costs incurred by a business in producing a good or service.
Output
The overall production of goods or services by an organization, industry, or economic body.
Economic Profit
The gap between all earnings and total expenditures, factoring in both overt and hidden costs.
Accounting Profit
The total revenue of a business minus the explicit costs associated with that business, as calculated for financial accounting and reporting purposes.
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