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What is meant by explicit cost ?

Answer» <html><body><p></p>Solution :<a href="https://interviewquestions.tuteehub.com/tag/explicit-455193" style="font-weight:bold;" target="_blank" title="Click to know more about EXPLICIT">EXPLICIT</a> is the <a href="https://interviewquestions.tuteehub.com/tag/actual-361632" style="font-weight:bold;" target="_blank" title="Click to know more about ACTUAL">ACTUAL</a> money expenditure on inputs or payment made to outsiders for hiring their factor services. For example, <a href="https://interviewquestions.tuteehub.com/tag/wages-1448569" style="font-weight:bold;" target="_blank" title="Click to know more about WAGES">WAGES</a> paid toemployees, payment for raw <a href="https://interviewquestions.tuteehub.com/tag/material-1089170" style="font-weight:bold;" target="_blank" title="Click to know more about MATERIAL">MATERIAL</a> .</body></html>


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