A Cost That Has Been Incurred in the Past and Cannot

question 187

Multiple Choice

A cost that has been incurred in the past and cannot be changed is a (an) :

• A) Fixed cost
• B) Opportunity cost
• C) Sunk cost
• D) Variable cost

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Definitions:

Random Access Memory

Random Access Memory (RAM) is a type of computer memory that can be accessed randomly, allowing data to be read and written in nearly the same amount of time irrespective of the memory location.

Main Memory

The primary storage or RAM (Random Access Memory) in a computer, where programs and data in current use are kept so they can be quickly reached by the computer's processor.

Basic Commands

Fundamental instructions or statements in programming that perform simple tasks, like input, output, or looping.

Arithmetic Operations

Basic mathematical operations such as addition, subtraction, multiplication, and division.