External costs
Revision as of 10:48, 15 July 2020 by EshwaN (talk | contribs) (Created page with "External costs are costs borne by society as a result of a company's operations and the products and services it sells. ==Definitions== According to Managerial Accounti...")
External costs are costs borne by society as a result of a company's operations and the products and services it sells.
Definitions
According to Managerial Accounting by Braun, Tietz (5th edition),
- External costs. Costs borne by society as a result of a company's operations and the products and services it sells.