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Briefly describe the Occupy movement (2011),and explain one of its positive outcomes?
Sunk Costs
Costs that have already been incurred and cannot be recovered, and therefore should not factor into future decisions.
Decision Making
Selecting a course of action from competing alternatives.
Differential Cost Analysis
The process of comparing the cost differences between two business decisions in order to determine which is more financially viable.
Traceable
Refers to costs or expenses directly associated with a specific department, product, or project, making it easy to assign them accurately.
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