Greetings @alexanderpeace

1.- As you have defined it, costs correspond to the investments made to produce a product or provide a service. The good management of it is important to obtain the desired profitability levels.

2.- You have established the difference between costs and expenses, using as an example the point of sale for financial services, adequately determining what corresponds to cost and expense in your venture.

3.- You have shared with us the importance of costs for the profitability of a business, and how a good cost management can help to have a solid business.

4.- You have established what would be the costs of importing a vehicle, which will allow you in the immediate future to know what would be the cost of sale of that good to recover the investment and make a profit.

Below I share the summary of the evaluation.

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