Which of the following is not a possible alternate term for costs that can be eliminated by taking a specified course of action?
A) Avoidable costs
B) Opportunity costs
C) Relevant costs
D) Differential costs

Question

Quizplus · Accepted Answer

Opportunity costs refer to the value of the benefits given up by choosing one alternative over another. Avoidable costs, relevant costs, and differential costs all refer to costs that can be eliminated by taking a specified course of action.

Which of the Following Is Not a Possible Alternate Term