Which of the following terms represents additional costs required to obtain an additional quantity, over and above existing or planned quantities of a cost object?
A) contract increase costs
B) contract pocket costs
C) contract expense
D) outlay costs
E) super variable costs

Question

Quizplus · Accepted Answer

Outlay costs represent the additional costs required to obtain an additional quantity, over and above existing or planned quantities of a cost object. Choices A, B, C, and E do not accurately describe this concept.

Which of the Following Terms Represents Additional Costs Required to Obtain