ECONOMICS

COST ACCOUNTING

BREAK EVEN POINT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Another word for financial cost is:
A
Price
B
Retail
C
Incur
D
Expense
Explanation: 

Detailed explanation-1: -Financing costs are defined as the interest and other costs incurred by the Company while borrowing funds. They are also known as “Finance Costs” or “borrowing costs.” A Company funds its operations using two different sources: Equity Financing.

Detailed explanation-2: -Opposite of the cost incurred in the purchase of something. asset. income. irresponsibility. savings.

There is 1 question to complete.