Expired costs are called
A) fixed.
B) costs.
C) expenses.
D) profit.

Name: Expired costs are called A) fixed. B) costs. C) expenses. D) profit.
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Question

Quizplus · Accepted Answer

Expired costs refer to costs that have already been incurred and cannot be recovered. These are typically referred to as expenses on a company's income statement. Therefore, the best choice is C - expenses. The other options are not applicable to the concept of expired costs.

Expired Costs Are Called