IMANET Exam CMA Topic 2 Question 30 Discussion

Actual exam question for IMANET's CMA exam

Question #: 30
Topic #: 2

[All CMA Questions]

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

is?

ADiscretionary cost

BFull absorption cost.

CUnderallocated indirect cost.

DSunk cost.

Show Suggested Answer

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.

by Glen at May 09, 2022, 01:58 AM

Limited Time Offer

25%

Off

Contribute your Thoughts:

Submit Cancel

Currently there are no comments in this discussion, be the first to comment!