Which of the following is the cost incurred in financing,insuring,taxing,or tracking an asset?
A) Acquisition cost
B) Cost of owning
C) Cost of operating
D) Replacement cost

Question

Quizplus · Accepted Answer

The cost incurred in financing, insuring, taxing, or tracking an asset is called the cost of owning. This encompasses all costs related to actually possessing the asset and keeping it in working order.

Which of the Following Is the Cost Incurred in Financing,insuring,taxing,or