Which of the following is a cost that was incurred in the past that will never be incremental?
A)Sunk costs
B)Opportunity costs
C)Avoidable costs
D)Relevant costs

Name: Which of the following is a cost that was incurred in the past that will never be incremental? A)Sunk costs B)Opportunity costs C)Avoidable costs D)Relevant costs
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Question

Quizplus · Accepted Answer

Sunk costs are costs that have already been incurred and cannot be recovered or changed. Therefore, they are not incremental and cannot be relevant in decision-making.

Which of the Following Is a Cost That Was Incurred