An Avoidable Cost Is One That Has Already Been Spent

question 73

True/False

An avoidable cost is one that has already been spent.An avoidable cost is one a manager can avoid by choosing one alternative instead of another.A sunk cost is one that has already been spent.

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Definitions:

Supervising Attorney

A legal professional responsible for overseeing the work and conduct of other attorneys within a law firm or legal department.

Permission

Consent or authorization given by one party to another to do something that could otherwise be considered illegal or improper.

Interviewee

A person who is being interviewed, often for a job position or as part of a research project.

Prewritten Questions

Prepared questions designed for interviews, surveys, or examinations ahead of their administration.