Question: A cost that cannot be avoided or changed because it arises from a past decision, and is irrelevant to current and future decisions, is called

A cost that cannot be avoided or changed because it arises from a past decision, and is irrelevant to current and future decisions, is called a(n):
Multiple Choice
Uncontrollable cost
Incremental cost
Opportunity cost
Out-of focket cosit.
Sunk cost.
A cost that cannot be avoided or changed because

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!