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  • The costs which do not require any cash payments are called
Multiple choice

The costs which do not require any cash payments are called

  1. out of pocket costs

  2. book costs

  3. conversion costs

  4. common costs

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

 Book costs are those which do not require any cash payments. For instance, depreciation is the cost for which no cash transaction is involved.

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