Economic costs are not typically recorded in the accounting books of companies. Accountants focus on the hard, explicit costs from operations during the year when creating financial reports. Economic costs are usually considered when a company must make a strategic decision involving opportunity.o calculate the accounting profit for the fiscal year, accountants look only to the accounting costs and profit of the company. Accountants do not need economic cost information to create their income statement.
Aka Island (é¿åå³¶, Aka-jima) is an island in the Pacific Ocean and is part of the Kerama Islands group in Okinawa Prefecture, Japan. The island is commonly known as Aka or Aka-shima and is located some 15 miles to the southwest of Okinawa Island. It has a subtropical climate and a population of approximately 330 people.
Mauna Kea (White Mountain) is a dormant volcano on the island of Hawaii, the largest and southernmost of the Hawaiian Islands. It is located about 300 km (190 miles) from Honolulu, which lies on the island of Oahu.he summit of Mauna Kea on the Island of Hawaii hosts the world's largest astronomical observatory, with telescopes operated by astronomers from eleven countries.