All of the following items,except one,are explicit costs.Which is the exception?

Name: All of the following items,except one,are explicit costs.Which is the exception?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Money withdrawn from the business by the owner is not an explicit cost because it does not involve any actual expenses incurred by the business. It is considered an owners' equity withdrawal or a drawing. The other options all involve actual expenses that the business incurs.

All of the Following Items,except One,are Explicit Costs