Question

Cost means ______.

विकल्प

• Revenue paid for something

• Price paid for something

• To generate expenses

• Depreciation earned

Answer 1

Cost means price paid for something.

Explanation:

The cost of an asset, product, or service is the monetary value or resources expended to acquire it. It is essentially the actual cost or liability incurred in bringing an item into existence or to its current location and state.