Total cost includes:
A) one-time expenses and ongoing expenses.
B) one-time expenses, but not ongoing expenses.
C) only ongoing expenses, not one-time expenses.
D) only expenses that are variable.

Question

Quizplus · Accepted Answer

Total cost includes both one-time expenses (such as start-up costs or equipment purchases) and ongoing expenses (such as rent, utilities, and salaries). Therefore, option A is the best choice. Option B is incorrect since total cost does include ongoing expenses. Option C is also incorrect because it excludes one-time expenses. Option D is incorrect because total cost includes both fixed and variable expenses.

Total Cost Includes