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Cost Describtors

Running Header: Cost Descriptors Paper







Cost Descriptors
Anthony C Griggs
MBA 503 / Introduction to Finance and Accounting
Claudette A. Washington, CPA, MPA
Oct. 15, 2007










In the following paper the following accounting cost descriptors will be explained. They are fixed cost, variable cost, direct cost, indirect cost, sunk cost, and other cost that are associated with the listed cost.
Fixed costs are those cost that remain on the balance sheet or income statement because they are constant. For example: rent,...

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