When it comes to the interpretation of costs

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Why do you think that economic profit may be a better measure of profit than purely accounting profit? Why would accountants be well advised to broaden their perspectives when it comes to the interpretation of costs?

Reference no: EM131094464

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When it comes to the interpretation of costs : Why do you think that economic profit may be a better measure of profit than purely accounting profit? Why would accountants be well advised to broaden their perspectives when it comes to the interpretation of costs?

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