A Cost That Cannot Be Avoided or Changed Because It

question 155

Multiple Choice

A cost that cannot be avoided or changed because it arises from a past decision, and is irrelevant to future decisions, is called a(n) :

• A) Out-of-pocket cost.
• B) Incremental cost.
• C) Uncontrollable cost.
• D) Opportunity cost.
• E) Sunk cost.

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Definitions:

Bad News

Information or feedback that is unwelcome or unpleasant, often related to negative outcomes or situations.

Negative Message

A communication that conveys bad news, rejection, or feedback that might not be favorable to the recipient.

Close

The final part or conclusion of something, such as a deal, conversation, or document.

Similar Mistakes

Errors or misjudgments that are alike in nature or effect, often repeated by different individuals or entities.