Accountants Consider Only Explicit Costs When Measuring Accounting Profit

Accountants consider only explicit costs when measuring accounting profit. The reason that they ignore implicit costs is that:

A) implicit costs are typically very small.
B) explicit costs are always greater than implicit costs.
C) implicit costs are not out-of-pocket expenses.
D) implicit costs are tax deductible.
E) implicit costs cannot be measured in terms of dollars.