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Sagot :
A cost that results from an organization's ownership or use of facilities and its basic organization structure is a committed cost.
What is the Committed Cost?
- A committed cost is speculation that a business substance has proactively made and can't recuperate using any and all means, as well as commitments previously made that the business can't escape.
- One ought to know which expenses are committed costs while investigating organization uses for potential reductions or resource deals.
- Committed costs are fixed or planned or affirmed installments to be made in the future to the merchants for labor and products to be taken, which are vital for the smooth progression of the business and the shortfall of which might upset the principal tasks of a business which might soundly affect the organization.
To learn more about Committed costs refer to:
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