A/an ________ Cost Is the Cost Incurred;and They Are Distinguished

question 13

Multiple Choice

A/an ________ cost is the cost incurred;and they are distinguished from a ________ cost;which is a predicted,forecasted,or future cost.

• A)budget;object
• B)actual;budgeted
• C)accumulated;actual
• D)budgeted;actual
• E)cost object;actual

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Definitions:

Business Practices

Established methods or manners of operating within a business or industry.

Credit-Worthiness

An assessment of an individual's or entity's ability to repay borrowed money, often based on their financial history and current resources.

Merchants

Individuals or entities involved in the wholesale or retail sale of goods.

Monthly Payments

Regular payments made once a month, often used in the context of loans, leases, and other forms of financing.