Which of the Following Costs Is NOT Relevant to an Equipment

question 33

Multiple Choice

Which of the following costs is NOT relevant to an equipment replacement decision?

• A) cost of new equipment
• B) operating cost of new equipment
• C) operating cost of old equipment(several years left)
• D) cost of old equipment

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Definitions:

Product Market

The marketplace where final goods or services are traded between sellers and consumers.

Financialization

The process by which financial markets, financial institutions, and financial elites gain a greater influence over economic policy and economic outcomes.

Labor Relations

The study and practice of managing the relationships between employers and their workforce, including the negotiation of collective bargaining agreements and handling of disputes.

Employee Training

Programs and activities designed to improve the knowledge and skills of employees for better performance.