The cost of accounting fees is an example of a transactions cost that banks can deal with more efficiently than individuals.

Name: The cost of accounting fees is an example of a transactions cost that banks can deal with more efficiently than individuals.
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Banks, due to their scale and expertise, can negotiate lower rates for accounting and other professional services, reducing the per-transaction cost compared to what individuals might incur handling similar transactions on their own.

The Cost of Accounting Fees Is an Example of a Transactions