Question: The amount of increase or decrease in cost that is expected from a course of action as compared to an alternative is called a .

The amount of increase or decrease in cost that is expected from a course of action as compared to an alternative is called
a. sunk cost
b. opportunity cost
c. target cost
d. differential cost
An analysis that evaluates differential revenues and costs in order to determine the differential impact on profit and income of two alternative courses of action is
called
a. horizontal analysis
b. vertical analysis
c. ratio analysis
d. None of these are correct.
are costs that have been incurred in the past, cannot be recouped, and are not relevant to future decisions.
a. Sunk costs
b. Historical costs
c. Product costs
d. None of these are correct.
The revenue that is forgone from an alternative use of anset, such as cash, is called
a. a sacrificial revenue
a. an opportunity cost
a. an economic loss
The amount of increase or decrease in cost that

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