Fixed cost is sometimes referred to as
A)sunk cost.
B)variable cost.
C)total cost.
D)economic cost.
E)accounting cost.

Name: Fixed cost is sometimes referred to as A)sunk cost. B)variable cost. C)total cost. D)economic cost. E)accounting cost.
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Question

Quizplus · Accepted Answer

Fixed cost is sometimes referred to as a "sunk cost," as it is a cost that has already been incurred and cannot be recovered. Sunk costs should not be considered when making current or future business decisions, as they cannot be changed.

Fixed Cost Is Sometimes Referred to as