Cyber Monday 2023! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: CM25OFF
Welcome to Pass4Success

- Free Preparation Discussions

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

is?

Show Suggested Answer Hide 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.


Comments

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


Save Cancel