Which of the following is true for tangible costs?
A) They are recurring costs.
B) They are always non-recurring costs.
C) They are relatively easy to quantify.
D) They are the same as intangible benefits.
E) They are always fixed costs.

Question

Quizplus · Accepted Answer

Tangible costs are those costs that can be easily quantified in monetary terms, such as salaries, materials, equipment, and production expenses. They are relatively easy to measure and manage as they can be easily quantified to assess the expenses incurred for a particular project or initiative.

Which of the Following Is True for Tangible Costs