All of the Following Would Be Considered Explicit Costs of Operating

question 74

Multiple Choice

All of the following would be considered explicit costs of operating a business except

• A)rent paid to a landlord.
• B)bonuses paid to employees.
• C)a normal rate of return for investors.
• D)corporate income taxes.

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Definitions:

State Court System

The hierarchy of courts within a state, ranging from lower trial courts to the state's highest court, usually a supreme court.

Elected

Chosen by vote for a specific position or role by a designated group, often used in the context of political office or organizational leadership.

Appointed

Assigned to a position or role, often by an authority or through a formal selection process.

Federal Court System

The judicial system of the United States, composed of the Supreme Court, appellate courts, and district courts, handling legal disputes under federal law and the Constitution.