Irrelevant costs are costs that are
A) different among alternatives.
B) avoidable costs.
C) opportunity costs.
D) sunk costs.

Name: Irrelevant costs are costs that are A) different among alternatives. B) avoidable costs. C) opportunity costs. D) sunk costs.
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Question

Quizplus · Accepted Answer

Irrelevant costs are sunk costs, which are costs that have already been incurred and cannot be recovered. Since sunk costs cannot be recovered, they should not be considered when making decisions about future actions.

Irrelevant Costs Are Costs That Are