Answered: Costs that can be eliminated in whole…

Business

Accounting

Costs that can be eliminated in whole or in part if a particular business segment is discontinued are called:

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter8: Tactical Decision-making And Relevant Analysis

Section: Chapter Questions

Problem 2MCQ: Costs that cannot be affected by any future action are called a. differential costs. b. sunk costs....

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Concept explainers

Management by Exception

A manager’s job is a very tough one. A manager needs to look at the various areas of work and as a manager he has to look after two or more important jobs or activities at the same time for the growth of the business. In order to do all these things in an effective manner, a manager must adopt or practice different management styles and tactics.

Question

Costs that can be eliminated in whole or in part if a particular business segment is discontinued are called:

Multiple Choice

sunk costs.
opportunity costs.
avoidable costs.
irrelevant costs.

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