Which of the following costs is irrelevant for special decisions?

Question

Quizplus · Accepted Answer

Sunk costs are irrelevant for special decisions because they are past costs that cannot be recovered regardless of the decision made. Special decisions are future-oriented and require consideration of only relevant costs and benefits. Incremental costs, avoidable costs, and differing costs are all relevant costs because they provide information about the costs and benefits of a particular decision.

Which of the Following Costs Is Irrelevant for Special Decisions