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Seneca College *

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440

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Business

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Nov 24, 2024

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pdf

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2

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12/9/23, 6:59 AM Chapter 9 Quiz https://www.ameengage.com/mod/quiz/review.php?attempt=4732499&cmid=1260649 1/2 English (en) English (en) Français - Canada (fr_ca) Dashboard / My courses / [Seneca 09/2023] HTM440NHB - Nardi / CHAPTER 9 - Relevant Costs and Business Strategies / Chapter 9 Quiz Started on Friday, 8 December 2023, 8:29 PM State Finished Completed on Friday, 8 December 2023, 8:29 PM Time taken 7 secs Grade 0.00 out of 10.00 ( 0 %) Question 1 Not answered Marked out of 1.00 George plans to purchase his first car. He is interested in a car that has the least gas consumption. Therefore, gas consumption cost can be viewed as a(n): Select one: a. relevant cost b. opportunity cost c. irrelevant cost d. sunk cost Your answer is incorrect. Explanation: The amount he has to spend on gas is important (i.e. relevant) to his purchase decision. The correct answer is: relevant cost
12/9/23, 6:59 AM Chapter 9 Quiz https://www.ameengage.com/mod/quiz/review.php?attempt=4732499&cmid=1260649 2/2 Français (fr)
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