Which of the following is an irrelevant cost? Group of answer choices An avoidable cost An incremental cost A sunk cost An opportunity cost

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter10: Short-term Decision Making
Section: Chapter Questions
Problem 1MC: ______ are the costs associated with not choosing the other alternative. A. Sunk costs B....
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Which of the following is an irrelevant cost?

Group of answer choices

An avoidable cost

An incremental cost

A sunk cost

An opportunity cost

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