Which of the following types of cost are always relevant to a decision?
A)Sunk costs
B)Average costs
C)Incremental costs
D)Fixed costs

Name: Which of the following types of cost are always relevant to a decision? A)Sunk costs B)Average costs C)Incremental costs D)Fixed costs
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Question

Quizplus · Accepted Answer

Incremental costs are the costs that vary with a particular decision and are relevant to that decision. Sunk costs, fixed costs, and average costs are not always relevant to a decision.

Which of the Following Types of Cost Are Always Relevant