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.
The Kerama Islands (æ¶è¯éè«¸å³¶, Kerama-shotÅ, Okinawan: ã­ã©ã Kirama) are a group of 22 islands located 32 kilometres (20 mi) southwest of Okinawa Island in Japan. Historically, the Kerama Island group was a part of the Ryukyu Kingdom.