A Cost That Cannot Be Avoided or Changed Because It

question 58

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