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IMANET Exam CMA Topic 2 Question 30 Discussion

Actual exam question for IMANET's Certified Management Accountant exam
Question #: 30
Topic #: 2
[All Certified Management Accountant Questions]

The term that refers to costs incurred in the past that are not relevant to a future decision


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Suggested Answer: D

A sunk cost cannot be avoided because it represents an expenditure that has already been made or an irrevocable decision to incur the cost.


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