"Cost" and "Expense" Are Two Terms for Describing the Same

question 54

True/False

"Cost" and "expense" are two terms for describing the same concept.

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Definitions:

Utility And Usage Revenue Model

A pay-as-you-go model that charges customers fees on the basis of how often goods or services are used.

Data Usage

The amount of digital information processed or transmitted over a network, often measured to monitor and manage bandwidth or allotments in telecommunications and computing.

Mobile Telephone

A portable device that allows users to make voice calls and access other services such as texting and internet browsing.

Skypeout

A feature offered by Skype, allowing users to make calls to traditional phone numbers worldwide at a fee.