Knowee
Questions
Features
Study Tools

Fill in the Blank QuestionFill in the blank question.A(n) cost arises from a past decision, cannot be avoided or changed, and is irrelevant to current and future decisions.

Question

Fill in the Blank QuestionFill in the blank question.A(n) cost arises from a past decision, cannot be avoided or changed, and is irrelevant to current and future decisions.

🧐 Not the exact question you are looking for?Go ask a question

Solution

The answer is "sunk". The sentence should read: "A sunk cost arises from a past decision, cannot be avoided or changed, and is irrelevant to current and future decisions."

Similar Questions

Fill in the Blank QuestionFill in the blank question.A cost that a manager can determine or influence is called a(n) cost.

A cost that can be eliminated in whole or in part by choosing one alternative over another is a(n) Blank______ cost.Multiple choice question.irrelevantsunkavoidableincremental

Fill in the Blank QuestionFill in the blank question.Incremental or differential costs are costs in making decisions.

Fill in the Blank QuestionFill in the blank question.A(n) cost is the amount that would remain if a segment is eliminated.

A cost that cannot be avoided or changed because it arises from a past decision, and is irrelevant to current and future decisions, is called a(n):Multiple ChoiceUncontrollable cost.Out-of-pocket cost.Sunk cost.Opportunity cost.Incremental cost.

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.