Accounting · Cost Accounting
Imputed cost, which represents the cost of using a resource that the company already owns without making an actual cash outflow, is also known as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Process cost
- 2Historical cost
- 3Sunk cost
- 4Notional cost✓
Correct answer
Notional cost
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