A Company Is Considered Large If It _____

question 144

Multiple Choice

A company is considered large if it _____.

• A)dominant in its field
• B)is independently owned and operated
• C)demonstrates sustained growth
• D)has been in existence for more than ten years

---

Definitions:

Sunk Costs

Costs that have already been incurred and cannot be recovered.

Avoidable Costs

Expenses that can be eliminated if a particular decision is made or if a particular activity is discontinued.

Irrelevant Costs

Costs that should not influence decision-making because they will not change regardless of the outcome.

Sunk Costs

Past expenditures that have already been incurred and cannot be recovered or altered by current or future actions.