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Match the Items Below by Entering the Appropriate Code Letter

Question 190

Short Answer

Match the items below by entering the appropriate code letter in the space provided.
A. Incremental analysis
B. Opportunity cost
C. Sunk cost
____ 1. A cost that cannot be changed by any present or future decision.
____ 2. The process of identifying the financial data that change under alternative courses of action.
____ 3. The potential benefit that may be lost from following an alternative course of action.

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