Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

33. When a company is outsourcing a process, resources are freed up so they can be put to another use. The alternative use is considered

33. When a company is outsourcing a process, resources are freed up so they can be put to another use. The alternative use is considered to be

A. a fixed cost

B. a committed cost

C. an opportunity cost

D. a sunk cost

32. A common mistake managers make in deciding to close a division is allowing

A. allocated fixed costs to influence the decision.

B. avoidable costs to influence the decision.

C. customer needs and desires to influence the decision.

D. qualitative issues to influence the decision.

31. Costs that has been incurred in the past is referred to as

A. avoidable costs

B. opportunity costs

C. relevant costs

D. sunk costs

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials Of Advanced Financial Accounting

Authors: Richard Baker

1st Edition

0078025648, 9780078025648

More Books

Students also viewed these Accounting questions

Question

Draw a schematic diagram of I.C. engines and name the parts.

Answered: 1 week ago

Question

2. To store it and

Answered: 1 week ago