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Match the concepts below with their descriptions: 1. Opportunity costs 2. Sunk Cost 3. Outsourcing 4. Comparing Contribution Margins and Fixed Cost Group of answer
Match the concepts below with their descriptions:
1. Opportunity costs
2. Sunk Cost
3. Outsourcing
4. Comparing Contribution Margins and Fixed Cost
Group of answer choices:
A. An approach used to analyze data in the decision to keep or discontinue a segment
B. Incurred costs which are not relevant in decision making and should be excluded from decision making.
C. The act of using another company to provide goods or services that your company requires.
D. Costs associated with not choosing the other alternative.
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