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:

Non-participative Management

A management style where decision-making is centralized with little to no input from subordinate employees, limiting their participation in organizational processes.

Performance Rewards

A system or mechanism designed to provide compensation, recognition, or benefits to employees based on their job performance.

Fixed Costs

Expenses that do not change in proportion to the level of goods or services produced by a business.

Attitude Measurement

is the process of using various techniques and tools to evaluate and quantify individuals' attitudes towards objects, people, or ideas.