Total Costs Include All of the Following Except

question 175

Multiple Choice

Total costs include all of the following except

• A)equipment purchase price.
• B)rent.
• C)salaries.
• D)output purchase price.
• E)materials.

---

Definitions:

Sales Discount

A reduction in the price charged to customers, typically given in exchange for prompt payment.

Discount Period

The discount period refers to the time frame in which a payment can be made at a reduced rate, typically in the context of early payment incentives to debtors.

Primary Source

Original documents or evidence directly associated with a subject or event under investigation, used in research.

Revenue

The total amount of money generated by the sale of goods or services related to a company's primary operations.