Introduction of the term Cost Principle
Give a brief introduction of the term Cost Principle ?
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Cost Principle : this principle contracts with the superlative capital structure which must minimize cost of financing and maximize the earnings per share. The cheaper type of capital structure is debt capital.
Which of the given describes a condition in which a good or service is produced at the lowest probable cost: w) productive efficiency. x) allocative efficiency. y) marginal efficiency. z) profit maximization Please
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