cost that has been incurred in the past, cannot be recouped, and is not relevant to future decisions is termed a a. period cost b. replacement cost c. sunk cost d. differential cost
cost that has been incurred in the past, cannot be recouped, and is not relevant to future decisions is termed a a. period cost b. replacement cost c. sunk cost d. differential cost
Chapter10: Short-term Decision Making
Section: Chapter Questions
Problem 2MC: Which type of incurred costs are not relevant in decision-making (i.e., they have no bearing on...
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A cost that has been incurred in the past, cannot be recouped, and is not relevant to future decisions is termed a
a. period costb. replacement costc. sunk costd. differential cost
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