Full Costs of a Product Are the Sum of ________

question 121

Multiple Choice

Full costs of a product are the sum of ________.

• A) fixed costs and sunk costs in all the business functions of the value chain
• B) variable costs and sunk costs in all the business functions of the value chain
• C) all variable and fixed costs in all the business functions of the value chain
• D) fixed costs, variable costs, and sunk costs in the value chain

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Definitions:

Cent

A cent is a monetary unit in many countries, representing one hundredth of the base unit, such as a dollar.

Accurate

Describes something that is exact and free from errors.

Cent

A monetary unit in various countries, equal to one hundredth of a base currency like the US dollar or the Euro.

Accurate

The quality of being correct or precise, without errors or mistakes.