Depreciation is: (1) (i) Explicit cost …
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Posted by .... .... 4 years, 11 months ago
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Gaurav Seth 4 years, 11 months ago
The costs which involve outflow of cash due to the use of factors of production is known as Explicit Cost. Depreciation is a Deemed Explicit Cost, as the cost of the asset is apportioned during the useful life of the asset.
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Kripa Agrawal 4 years, 11 months ago
0Thank You