Which of the following is always irrelevant to short-term operating decisions?

Question

Quizplus · Accepted Answer

Sunk cost is a cost that has already been incurred and cannot be changed, therefore, it is always irrelevant to short-term operating decisions. Relevant costs are costs that are affected by a decision, differential costs are the costs that vary between alternatives and opportunity costs are the benefits foregone by choosing one alternative over another.

Which of the Following Is Always Irrelevant to Short-Term Operating