Fixed costs that may be avoided in the future are referred to as

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Relevant costs are future costs that are avoidable and should be considered in decision-making. Fixed costs that can be avoided in the future fall under this category because they can be controlled or eliminated in the decision-making process. Replacement costs are costs associated with replacing an asset that has been worn out or needs to be upgraded, whereas opportunity costs are the benefits forgone by selecting one option over another. Sunk costs are costs that have already been incurred and cannot be recovered regardless of the decision made.

Fixed Costs That May Be Avoided in the Future Are