Which of the Following Is an Implicit Cost to Mondo

question 66

Multiple Choice

Which of the following is an implicit cost to Mondo Manufacturing, Inc.?

• A)Payments of wages to its office workers.
• B)Property taxes.
• C)Depreciation charges on company owned automobiles and trucks.
• D)Rent paid for the use of equipment.
• E)None of the above.

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Definitions:

Sales Account

A record or agreement defining the relationship and transactions between a buyer and a seller, often including terms of sale, credit limits, and purchase history.