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

---

Definitions:

Senior-Level Executives

High-ranking officers within an organization responsible for making strategic decisions and overseeing operations.

Business Strategy

outlines a company's plan for achieving its goals, including positioning, market approach, and competitive advantages.

Annual Marketing Plan

A comprehensive document outlining a business's marketing strategies, objectives, and activities for the upcoming year.

Long-Range Marketing Plans

Strategic frameworks that outline a company's marketing efforts over a period typically exceeding one year, focusing on overall goals and major initiatives.