Explicit Cost Meaning Explicit costs are the culmination of all direct and indirect expenses recorded in a company’s ledger. It includes expenses that impact the profitability of a business—raw material, wages, rent, administrative charges, and sales expenses. They are mentioned in the financial...
Opportunity Cost: In the context of economics, the costs may be observed and analyzed from the perspective of an accountant or economist. The former would consider only explicit costs whereas the latter would consider both the explicit costs and implicit costs or opportunity costs. ...
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The meaning of DEFINITE is free of all ambiguity, uncertainty, or obscurity. How to use definite in a sentence. Spelling: It's Definite NOT Definate Synonym Discussion of Definite.
Definition: An implicit cost is an opportunity cost of using a firm’s internal resources that isn’t reported as separate, distinct expense. In fact, these costs do not explicitly state the cost of using these resources for a project.What...
Meaning of economic cost – Measure the use of resources in the production of goods and services – Accountants measure only explicit expenses (and sometimes not even those) –“Opportunity cost” includes the value of employed resources in their best alternative use ? what matters is expenditure ...
Answering that question should not require a lot of system understanding. It should be defined by the algorithm in some explicit manner. One could imagine that at reader start-up, or lazily, an audit of the data stream is performed - see the Fall prototype. Each algorithm is then asked to...
While preferred stock dividends are subject to taxes, interest on debt is tax deductible expenditure resulting in variation in EPS in proposals B and D. With a 50 percent tax rate, the explicit cost of preferred stock is twice the cost of debt. ...
athe right balance among the related concepts of cost, price,[translate] aThis research was undertaken on behalf of the British Safety Council as part of their Fellowship programme at the Judge Institute of Management, University of Cambridge. We are indebted to the following individuals for their...
The Consumer Council announced that due to redeployment of resources to conduct more product tests, it conducted less consumer surveys and general researches in 2011,meaningthatit couldnotfurtherenhance its cost-effectiveness under its stringent manpower and resources at present. ...