Examlex

Solved

Matching Questions Match Each Term with Its Definition

question 86

Multiple Choice

Matching Questions
match each term with its definition:
-dehydration


Definitions:

Relevant Costs

Costs that are directly related to a specific management decision and that will change as a result of that decision.

Sunk Costs

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

Alternatives

Different options or strategies available for achieving a goal or solving a problem, often considered during decision-making processes.

Total Fixed Cost

The sum of all costs that remain constant regardless of the level of production or business activity.

Related Questions