Answered: Cost that is affected by a management…

Cost that is affected by a management decision is known as ____________ A. Historical cost B. Sunk Cost C. Relevant cost D. Incremental cost

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter3: Benefits, Costs, And Decisions

Section: Chapter Questions

Problem 8MC

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Question

Cost that is affected by a management decision is known as ____________

		A. Historical cost
		B. Sunk Cost
		C. Relevant cost
		D. Incremental cost

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