Writing Essays. by Eleanor Wakefield. There are several vital elements to any successful college essay. This handout. will define those elements and show you how to put them together using an. outline. Following this format will help you keep your thoughts organized and. get your essay underway.
A relevant cost (also called avoidable cost or differential cost) is a cost that differs between alternatives being considered. In order for a cost to be a relevant cost it must be: 1  Future. 2  Cash Flow.  Incremental.
They are also known as direct costs or accounting costs. An explicit cost is a cost that happens for a purpose. In addition, explicit costs usually have a direct impact on the company and its and profits. Explicit costs result in tangible assets or opportunities for the company.