Greetings friend @ceritapendek

1.- You have shared the concept of Costs and their importance, differentiating what they represent both in daily life and in the business environment. Costs must be managed at any level, this guarantees good administration of economic resources and achieving established objectives.

2.- You have not presented a direct response to the difference between costs and expenses; nor, you have shown an example. It is important to be clear about these two variables for better performance of our resources.

3.- You have not shared an answer about the benefits generated by good cost determination, among the benefits it could provide is showing the real need for investment, and avoiding delays and/or losses in case of not covering what is required for the production of a good and/or service.

4.- You have not explained how you would determine costs in a possible venture.

Below I share the evaluation summary.

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