What is the difference between a cost and an expense?

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Survey of Accounting

ISBN: 978-0073379555

2nd edition

Authors: Edmonds, old, Mcnair, Tsay

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Question Posted: Jan 03, 2012 03:45 AM

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What is the difference between a cost and an expense?

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A cost can be either an asset or an expense If t...View the full answer

Survey of Accounting

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