Question
Select all of the Following that would most likely be considered a Sunk Cost. Group of answer choices Cost of the Salary for the Newly
Select all of the Following that would most likely be considered a Sunk Cost.
Group of answer choices
Cost of the Salary for the Newly Hired VP of Production
Cost of Truck Purchased for Deliveries to Customers
Cost of Land Purchased to Build a Factory
Cost of Monthly Rental of a Forklift for the Factory
Cost of Office Equipment in the Accounting Department
Cost of the Monthly Fixed Cost for Internet Service
Which One is True ?
Group of answer choices
Fixed Costs are Relevant Costs
Sunk Costs are Relevant Costs
Opportunity Costs are Relevant Costs
Variable Costs are Sunk Costs
Which One of the Following is True?
Group of answer choices
All of the Choices are True
The Salary of the Corporate President of a Business is Relevant to a Segment Decision of the Business.
Most Accounting Information is Qualitative
An Expenditure made in the past is considered a Fixed Cost
Qualitative Factors are Relevant
What will Happen if an Unprofitable Segment is Eliminated from a Business ?
Group of answer choices
Total Sales for the Entire Business will Increase
Net Income will Increase
None of These Chocies
Net Income will Decrease
Which One is False?
Group of answer choices
A Cost that can easily be measured by numbers is a Qualitative Cost
A Cost that can not be changed by any decision is a Sunk Cost
A Cost that Differs betweenAlternatives is considered a Relevant Cost
A Constraint is a Resource that is Limited
Fixed Costs are Always Relevant.
Group of answer choices
True
False
Which One of the Following is a Qualitative Item for a Decision on Where to Go to College?
Group of answer choices
The Feel of the Campus
Cost of Backpack
Cost of Books
Cost of Parking Pass
None of These Choices
Cost of Tuition
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