An Irrelevant Cost

question 97

Multiple Choice

An irrelevant cost:

• A)is also called a differential cost.
• B)must differ between decision alternatives.
• C)must be incurred in the future rather than in the past.
• D)will not influence a decision.

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Definitions:

Machine Part

A machine part is a component or piece that has been specifically designed and manufactured to perform a particular function within a complex assembly in machinery.

Control Coil

An electromagnetic coil used in electrical circuits to magnetically control the operation of devices like relays or contactors.

Magnetic Forces

The attraction or repulsion that arises between electrically charged particles due to their motion, which is the basis for the operation of electrical motors and devices.

Armature

The rotating part of an electrical machine such as a motor or generator, on which the coils are wound and voltage is induced.