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Match the Term with Its Description (Answers May Be Used

question 11

Multiple Choice

Match the term with its description (answers may be used more than once) .
-cells in the CNS that form myelin


Definitions:

Avoidable Cost

A cost that can be eliminated by choosing one alternative over another in a decision. This term is synonymous with differential cost and relevant cost.

Activity-Based Costing

An accounting method that assigns costs to products based on the activities involved in producing those products.

Decision

The process of making choices among alternative courses of action.

Sunk Costs

Costs that have already been incurred and cannot be recovered, and thus should not affect future business decisions.

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