Match the following concepts with the corresponding definition:

1. Accounting for centers of responsibility

2. Contribution margin

3. Opportunity cost

4. Sunk cost

5. Master budget

6. Internal rate of return

a. Not relevant Cost

b.It is the process of measuring and reporting information on the performance of the

different centers of a decentralized organization.

c.Enter an alternative that is waived when a different alternative is chosen.

d.Sales minus variable costs.

e. Plan that links all the individual budgets in addition to including the projected financial statements.

F.Equals the present value of annual cash inflows with the present value of the investment required in a project.