CIMAPRA17-BA2-1 Exam - Topic 1 Question 52 Discussion

Actual exam question for CIMA's CIMAPRA17-BA2-1 exam

Question #: 52
Topic #: 1

[All CIMAPRA17-BA2-1 Questions]

Which of the following is not a relevant cost?

ASunk cost

BIncremental cost

CAvoidable cost

DDifferential cost

Show Suggested Answer

Suggested Answer: B

by Loren at Apr 19, 2023, 08:57 PM

Limited Time Offer

25%

Off

Get Premium CIMAPRA17-BA2-1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Hollis

4 months ago

I thought all costs were relevant somehow?

upvoted 0 times

...

Adelina

4 months ago

Incremental costs matter, but sunk costs don’t.

upvoted 0 times

...

Jina

4 months ago

Wait, are we sure about that?

upvoted 0 times

...

Carline

4 months ago

Totally agree, sunk costs should be ignored.

upvoted 0 times

...

Coletta

4 months ago

Sunk cost is definitely not relevant!

upvoted 0 times

...

Tyisha

5 months ago

I definitely remember that incremental costs are relevant, so it must be sunk costs that don't matter here.

upvoted 0 times

...

Skye

5 months ago

I'm a bit confused about differential costs. I feel like they might be relevant, but I can't recall clearly.

upvoted 0 times

...

Alonso

5 months ago

I remember practicing a question like this, and I think avoidable costs are relevant, so that leaves sunk costs as the answer.

upvoted 0 times

...

Aracelis

5 months ago

I think sunk costs are the ones that aren't relevant, but I'm not entirely sure. We talked about them in class.

upvoted 0 times

...

Raina

5 months ago

This seems like a straightforward question about disaster recovery plans. I'm pretty confident I can figure this out.

upvoted 0 times

...

Dorthy

5 months ago

I feel pretty confident saying that M.2 SATA drive support is definitely an upgrade for the M5 over M4. That was a highlight during our review sessions.

upvoted 0 times

...

Vallie

5 months ago

Easy peasy, I got this. Just need to do the subnet math.

upvoted 0 times

...

Ronnie

10 months ago

Differential cost? Isn't that what I pay the accountant to figure out?

upvoted 0 times

Emmanuel

9 months ago

Avoidable cost is also considered in decision-making.

upvoted 0 times

...

Hollis

9 months ago

Sunk cost is not a relevant cost in decision-making.

upvoted 0 times

...

Tiera

9 months ago

Yes, that's correct. The accountant helps determine the differential cost.

upvoted 0 times

...

Carline

10 months ago

Avoidable cost? I'll believe it when I see it, like a unicorn.

upvoted 0 times

Latanya

8 months ago

Differential cost is a relevant cost.

upvoted 0 times

...

Milly

8 months ago

Avoidable cost is not a relevant cost.

upvoted 0 times

...

Lina

8 months ago

Incremental cost is a relevant cost.

upvoted 0 times

...

Katie

9 months ago

Sunk cost is not a relevant cost.

upvoted 0 times

...

Tonette

9 months ago

Differential cost is also a relevant cost.

upvoted 0 times

...

Clarinda

9 months ago

Incremental cost is definitely a relevant cost.

upvoted 0 times

...

Sheridan

9 months ago

Sunk cost is not a relevant cost.

upvoted 0 times

...

Laticia

10 months ago

Avoidable cost is a real thing, not a unicorn.

upvoted 0 times

...

Sabrina

10 months ago

Incremental cost? That's just the price of my daily coffee habit.

upvoted 0 times

Portia

9 months ago

User 2: Yeah, it's the additional cost incurred by choosing one option over another.

upvoted 0 times

...

Nana

10 months ago

User 1: Incremental cost is actually a relevant cost in decision making.

upvoted 0 times

...

Madonna

10 months ago

A sunk cost? Sounds like a trip to the beach to me!

upvoted 0 times

...

Daren

11 months ago

I think C) Avoidable cost is also not a relevant cost, because it can be avoided by taking a different course of action.

upvoted 0 times

...

Beckie

11 months ago

I agree with Tori, because sunk costs are costs that have already been incurred and cannot be changed.

upvoted 0 times

...

Tori

11 months ago

I think the answer is A) Sunk cost.

upvoted 0 times

...