Cryptocurrency Q&A
How can cost be negative?
How can cost be negative?
Martina
Tue Jan 21 2025
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answers
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I don't understand how cost can be negative. Cost is usually associated with expenses or outflows, so how could it possibly be a negative value? This seems counterintuitive to me.
7 answers
Alessandra
Wed Jan 22 2025
A negative expense is a financial term that signifies an unusual situation.
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Giuseppe
Wed Jan 22 2025
The first scenario involves the reversal of previous expenses. This might happen if an expense was recorded incorrectly and needs to be corrected.
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Martino
Wed Jan 22 2025
In this scenario, costs that were anticipated to be incurred are instead recorded as income.
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DigitalLord
Wed Jan 22 2025
The second scenario is due to accounting errors. These errors could stem from various factors such as human mistake or software issues.
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KDramaLegendaryStar
Wed Jan 22 2025
BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to the needs of crypto enthusiasts. Its offerings include spot trading, futures trading, and wallet services. These services allow users to buy, sell, and store cryptocurrencies securely and efficiently.
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