Question: Which statement is true in regards to costs? A Sunk costs and relevant costs are used to describe the same concept. B Accountants use the

Which statement is true in regards to costs?
A
Sunk costs and relevant costs are used to describe the same concept.
B
Accountants use the terms costs and expenses interchangeably.
C
Accrued costs are paid in the time period in which they occur.
D
Once set, fixed costs cannot be modified.

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