Explain the types of costs that decision makers may fail


Explain the types of costs that decision makers may fail to consider when looking at a potential expansion. Include in your discussion:

Problem 1:
What other expenses might be commonly forgotten when considering the costs of an expansion decision (for example, trash removal, water)?

Problem 2: Would these expenses make a material difference in the decision?

Problem 3:
What processes might be put in place to assure that these seemingly small expenses are considered when planning an expansion project?

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Financial Accounting: Explain the types of costs that decision makers may fail
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