Which of the Following Will Always Be a Relevant Cost

question 9

Multiple Choice

Which of the following will always be a relevant cost?

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

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Definitions:

Self-Managing Teams

Groups of workers who are given autonomy to plan and execute their tasks, often without direct supervision, fostering collaboration and shared responsibility.

Day-To-Day Basis

Refers to the daily, routine occurrences or operations, emphasizing regular or frequent activity.

Informal Teams

Groups that form naturally within the workplace, based on personal relationships rather than structured by the organization.

Workplace Issues

Problems or challenges that arise in the workplace environment, often relating to interpersonal relationships, work conditions, and organizational structure.