An irrelevant cost:

A. must differ between decision alternatives.
B. must be incurred in the future rather than in the past.
C. will not influence a decision.
D. is also called a differential cost.


Answer: C

Business

You might also like to view...

What are the three basic criteria for assessing opportunity in global target markets?

What will be an ideal response?

Business

In the context of the Internet usage example, suppose we wanted to test whether the probability of observing a K value of .222, as determined by the normalized z statistic, is 0.103

Because this is more than the significance level of 0.05, the null hypothesis cannot be rejected. What do the results mean? A) The distribution of the Internet usage does deviate significantly from the normal distribution. B) The distribution of the Internet usage does not deviate significantly from the normal distribution. C) The proportion of users for males and for females is not significantly different for the two samples. D) The proportion of users for males and for females is significantly different for the two samples.

Business

Which of the following GLOBE cultural dimensions is defined as--the degree to which a collective encourages and rewards individuals for being fair, altruistic, generous, caring, and kind to others?

A. power distance B. uncertainty avoidance C. humane orientation D. institutional collectivism

Business

The secondary effects of a technology:

a. have less social impacts than the primary effects. b. are the unanticipated social effects. c. are the hidden resource costs of the technology. d. are relatively easy to predict in advance.

Business