Cyber Monday 2024! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

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?

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.


Contribute your Thoughts:

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


Save Cancel