Examlex
Some credit cards provide you with collision and comprehensive insurance benefits if you use that card to pay for car rentals.
Relevant
Pertaining to information or factors that are applicable to the current decision-making process, specifically those that influence economic outcomes.
Sunk Costs
Costs that have already been incurred and cannot be recovered, which should not influence future business decisions.
Unproductive
Refers to a state or condition where output or efficiency is below the expected or required level.
Activity-based Costing
A pricing strategy that allocates expenses to goods or services according to the tasks they necessitate, striving for a more accurate distribution of costs.
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