Question: The difference between costs and charges can be summarized as follows: charges are based on the performance of the provider charges are a percentage of

The difference between costs and charges can be summarized as follows:
charges are based on the performance of the provider
charges are a percentage of costs whereas costs are the amount of money a provider would demand absent discounts
costs are a percentage of charges whereas charges are the amount of money a provider would demand absent discounts
costs include revenue for services rendered
The difference between costs and charges can be summarized as follows:

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