Question: Item 1 1 1 . 5 points Item 1 1 A cost that cannot be avoided or changed because it arises from a past decision,

Item11
1.5points
Item 11
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-pocket cost.
Sunk cost.

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!