An out-of-pocket costs is:
A)an actual outlay of cash.
B)the cost of not doing something.
C)a deferred cost.
D)a budgeted estimate.

Name: An out-of-pocket costs is: A)an actual outlay of cash. B)the cost of not doing something. C)a deferred cost. D)a budgeted estimate.
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Question

Quizplus · Accepted Answer

Out-of-pocket costs refer to actual expenses that one pays for with their own cash, check, or credit card. These costs are not reimbursable and require immediate payment.

An Out-Of-Pocket Costs Is