Question
Which of the following statements is true of cost? a.Cost is the revenue per unit. b.Cost is a dollar measure of the resources used to
Which of the following statements is true of cost?
a.Cost is the revenue per unit.
b.Cost is a dollar measure of the resources used to achieve a given benefit.
c.Cost and price are always same for the owner of a company.
d.Cost is the difference between gross margin and operating expenses.
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Accounting and Financial Analysis in the Hospitality Industry
Authors: Johnathan Hales
1st edition
132458667, 978-0132458665
