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प्रश्न
Explain the following:
Out of pocket cost.
उत्तर
Out-of-pocket cost: It means the cash expenditure incurred or to be incurred depending upon the nature of the decision. Out-of-pocket costs are relevant in a make-or-buy decision.
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संबंधित प्रश्न
Abnormal costs are not recorded as part of production cost. Justify for or against.
Give one difference between money cost and real cost.
Give one difference between normal cost and abnormal cost.
Give one difference between product cost and period cost.
State one difference between Historical costs and Predetermined costs.
Write short notes on opportunity costs.
Explain the following with an example:
Marginal cost.
Explain the following with an example:
opportunity cost.
Distinguish between private costs and social costs.
Explain the following:
Differential cost
