One-Time Costs Include All of the Following Except

question 20

Multiple Choice

One-time costs include all of the following except

• A)site preparation
• B)insurance
• C)programming and testing
• D)data conversion

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Definitions:

Marginal Cost

Marginal cost is the cost of producing one additional unit of a product or service.

Average Variable Cost

The total variable costs divided by the quantity of output, measuring the per-unit variable cost of production.

Marginal Cost

The additional financial outlay required to produce one more unit of a good or service.

Marginal Cost

The expense incurred by the production of one extra unit of a product or service.