Which of the Following Costs Is Often Important in Decision

question 142

Multiple Choice

Which of the following costs is often important in decision making,but is omitted from conventional accounting records?

• A)Fixed cost.
• B)Sunk cost.
• C)Opportunity cost.
• D)Indirect cost.

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The middle value of income in a list of incomes ordered from lowest to highest, used as a standard measure to indicate the income level of a typical member of a specific group.