Which of the Following Statements in Relation to Making Tactical

question 74

Multiple Choice

Which of the following statements in relation to making tactical decisions is incorrect?

• A) Future costs are always relevant.
• B) Sunk costs are always irrelevant.
• C) Allocated and unitised fixed costs are generally irrelevant.
• D) Opportunity cost is relevant when there is no excess capacity.

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Definitions:

Double-Blind Techniques

Research methods used to eliminate bias, in which neither the participants nor the experimenters know who is receiving a particular treatment.

Mastery-Oriented

describes an approach or attitude towards learning and achievement that focuses on gaining competence and understanding material, rather than comparison to others.

Intellectual Quality

The level of cognitive capabilities, including creativity, analytical skills, and critical thinking.

Adult Feedback

involves the responses or information given by an adult, often a parent, teacher, or mentor, regarding another's performance or understanding, aiming to guide or improve future efforts.