Which of the following costs can be ignored when making a decision?
A) Opportunity costs.
B) Differential costs.
C) Sunk costs.
D) Relevant costs.
E) All future costs.

Question

Quizplus · Accepted Answer

Sunk costs are costs that have already been incurred and cannot be recovered or changed. They are not relevant to future decisions because they cannot be altered by any current or future action.

Which of the Following Costs Can Be Ignored When Making