Which of the following is not relevant in decision making?
A)sunk costs
B)differential costs
C)opportunity costs
D)variable costs

Question

Quizplus · Accepted Answer

Sunk costs are costs that have already been incurred and cannot be recovered or changed; therefore, they are not relevant to future decision-making. Differential, opportunity, and variable costs are all considered when making decisions as they can influence the outcome.

Which of the Following Is Not Relevant in Decision Making