the present value of future benefits
the value of sacrifice made to acquire goods or services
an asset that has given benefit but now expired
the price of products sold or services rendered
Answer is Wrong!
Answer is Right!
The correct answer is: B. the value of sacrifice made to acquire goods or services.
Cost is the value of sacrifice made to acquire goods or services. It is the amount of money or other resources that is given up in order to obtain something. For example, the cost of a car is the amount of money that is paid for it, plus the cost of any repairs or
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