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Accounting Costs Are Usually Lower Than Economic Costs Because

Question 15

Multiple Choice

Accounting costs are usually lower than economic costs because


A) accountants include depreciation when calculating hospital costs.
B) accountants exclude depreciation when calculating hospital costs.
C) accountants calculate tax credits and value them in calculating hospital costs.
D) economists include the opportunity cost of resources when calculating hospital costs.
E) accountants and economists calculate depreciation differently.

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