Which of the following is not a relevant cost for a decision?
A) Variable cost
B) Opportunity cost
C) Direct cost
D) Sunk cost

Name: Which of the following is not a relevant cost for a decision? A) Variable cost B) Opportunity cost C) Direct cost D) Sunk cost
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Question

Quizplus · Accepted Answer

Sunk costs are costs that have already been incurred and cannot be recovered or changed. They are not relevant to future decisions because they will remain the same regardless of the outcome of the decision.

Which of the Following Is Not a Relevant Cost for a Decision