Which type of incurred costs are not relevant in decision-making (i.e., they have no bearing on future events) and should be excluded in decision-making?A. avoidable costsB. unavoidable costsC. sunk costsD. differential costs
Which type of incurred costs are not relevant in decision-making (i.e., they have no bearing on future events) and should be excluded in decision-making?A. avoidable costsB. unavoidable costsC. sunk costsD. differential costs
Chapter10: Short-term Decision Making
Section: Chapter Questions
Problem 2MC: Which type of incurred costs are not relevant in decision-making (i.e., they have no bearing on...
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Which type of incurred costs are not relevant in decision-making (i.e., they have no bearing on future events) and should be excluded in decision-making?
A. avoidable costs
B. unavoidable costs
C. sunk costs
D. differential costs
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