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Does shutdown Cost arise at the time of?
10. Does shutdown Cost arise at the time of?
- Incorporation of the company
- The shutdown of the company
- Death of a partner
- None of the above
Answer: B) The shutdown of the company
Explanation:
A shutdown cost is a degree of tasks at which an organization encounters no advantage for proceeding with activities and consequently chooses to close down for a brief time or at times forever.