Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A cost that cannot be avoided or changed because it arises from a past decision, and is irrelevant to future decisions, is called a(n): Uncontrollable
A cost that cannot be avoided or changed because it arises from a past decision, and is irrelevant to future decisions, is called a(n):
Uncontrollable cost.
Incremental cost.
Opportunity cost.
Out-of-pocket cost.
Sunk cost.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started