Which of the following costs does not impact decision-making for a business?
A) Sunk cost
B) Opportunity cost
C) Product cost
D) Variable cost

Name: Which of the following costs does not impact decision-making for a business? A) Sunk cost B) Opportunity cost C) Product cost D) Variable cost
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Sunk cost is a cost that has already been incurred and cannot be recovered. It is therefore irrelevant to decision-making, as it cannot be changed.

Which of the Following Costs Does Not Impact Decision-Making for a Business