The cost of equipment purchased by a company last year would be an avoidable cost.

Name: The cost of equipment purchased by a company last year would be an avoidable cost.
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Question

Quizplus · Accepted Answer

The cost of equipment purchased by a company last year is not an avoidable cost as it has already been incurred and cannot be avoided. Avoidable costs refer to costs that can be eliminated or reduced if a particular decision or action is taken.

The Cost of Equipment Purchased by a Company Last Year