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The term that refers to costs incurred in the past that are not relevant to a future decision
is?
Suggested Answer: D
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A sunk cost cannot be avoided because it represents an expenditure that has already been made or an irrevocable decision to incur the cost.
12 comments · newest first
EL
Elza
11 months ago
Just to clarify, sunk costs are past expenses that shouldn't affect current choices.
CL
Clemencia
12 months ago
Sunk cost? Really? I thought it was something else.
SH
Shelton
12 months ago
Wait, are we sure it's not discretionary cost?
CE
Celeste
12 months ago
Totally agree, sunk costs are irrelevant for future decisions!
ED
Edelmira
1 year ago
It's definitely "Sunk cost."
KE
Kenia
1 year ago
I’m leaning towards "sunk cost" too, but I keep mixing it up with full absorption cost. I hope I remember correctly!
MA
Marleen
1 year ago
I remember discussing discretionary costs, but I don't think they fit the definition here. Could it really be sunk cost?
YU
Yuriko
1 year ago
I think the answer might be "sunk cost," but I'm not completely sure. It sounds familiar from our last practice session.
MA
Malcolm
1 year ago
I feel like I've seen a question like this before, and "sunk cost" was the right choice. But what if it's something else?
YU
Yuki
1 year ago
I've got a good feeling about option B, Placeholder ID. That makes the most sense to me in terms of how components are identified and accessed within the Experience Editor. I'll go with that unless I can come up with a compelling reason why another option might be better.
LO
Lorrine
1 year ago
I'm pretty sure I know the answer to this one. The key is understanding what "polymorphic" means in this context.
LO
Loren
1 year ago
I'm pretty sure the organizational iceberg describes the visible and invisible aspects of culture, so I'll go with A. Values and C. Basic assumptions.