Costs That Can Be Eliminated in Whole or in Part

question 62

Multiple Choice

Costs that can be eliminated in whole or in part if a particular business segment is discontinued are called:

• A) sunk costs.
• B) opportunity costs.
• C) avoidable costs.
• D) irrelevant costs.

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Definitions:

Anorexia Nervosa

A psychological condition marked by significantly low body weight, a profound dread of weight gain, and a skewed view of one's body size or form.

Electroconvulsive Therapy

A medical treatment involving the induction of seizures through electrical currents to the brain, primarily used for severe depression.

Implicit Memory

A type of memory that enables us to perform tasks without conscious awareness of the previous experiences that contribute to the knowledge.

Priming Effects

The influence that a prior stimulus has on the response to a later stimulus, often facilitating or altering the response.