Examlex
Which of the following is an example of the imaginary audience phenomenon?
Consistency
In accounting, the principle that ensures financial statements are comparable across periods by applying the same accounting methods and policies.
Relevant
Pertaining to information or factors that are applicable to the current decision-making process, specifically those that influence economic outcomes.
Sunk Costs
Costs that have already been incurred and cannot be recovered, which should not influence future business decisions.
Unproductive
Refers to a state or condition where output or efficiency is below the expected or required level.
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