Which of the Following Is NOT a Type of Cost

question 10

Multiple Choice

Which of the following is NOT a type of cost associated with perceived risk?

• A) social cost
• B) time cost
• C) effort cost
• D) physical cost
• E) spatial cost

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Definitions:

Streamlining Transactions

The process of simplifying financial transactions to make them more efficient and less time-consuming.

Purchase Order

A commercial document issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services.

Existence Of Contract

pertains to the reality or presence of an agreement between two or more parties that is recognized by law.

Lease Contracts

Legal agreements specifying the terms under which one party agrees to rent property owned by another party.