What Is a Cost That Can Be Incurred with Regard

question 28

Multiple Choice

What is a cost that can be incurred with regard to the generation of revenue from contracts with customers?

• A) Incremental costs of obtaining a contract
• B) Costs incurred to fulfil a contract
• C) Both A and B are correct
• D) Neither A nor B is correct

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Definitions:

Offensive Bodily Contact

An intentional act by one person that creates an apprehension in another of an imminent harmful or offensive contact.

Negligent Torts

Legal claims arising from acts or failures to act where a duty of care is owed and breached, resulting in injury or damage to another party.

Unreasonable Risk

A hazard that exceeds what would be considered acceptable or safe under normal circumstances.

Harm

Physical or psychological injury or damage suffered by an individual, which can be a basis for legal action.