The rules of accounting generally require that ________ costs be used for purposes of keeping a company's financial records and for paying taxes.These costs are sometimes called ________ costs.
A)economic; legal
B)real; explicit
C)total; economic
D)explicit; accounting

Question

Quizplus · Accepted Answer

The rules of accounting generally require the use of explicit costs for financial record-keeping and tax purposes. These costs are also known as accounting costs.

The Rules of Accounting Generally Require That ________ Costs Be