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Cost And Management Accountıng
Cost And Management Accountıng Deneme Sınavı
Cost And Management Accountıng Deneme Sınavı Sorusu #1403504
Cost And Management Accountıng Deneme Sınavı Sorusu #1403504
- This type of cost is excluded from future business decisions.
- It doesn’t need to be taken into consideration while decision making.
- All costs that do not qualify as relevant costs are this type of cost.
- They are not related to future decisions and they do not change between various alternatives.
Which type of cost is defined above?
|
Sunk cost |
|
Opportunity cost |
|
Differential cost |
|
Relevant cost |
|
Marginal cost |
Yanıt Açıklaması:
The sunk cost is excluded from future business decisions. Thus, it doesn’t need to be taken into consideration while decision making. In other words, all costs that do not qualify as relevant costs are called sunk costs. Main features of sunk costs are that they are not related to future decisions and they do not change between various alternatives.
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