A cost that will not be affected by later decisions is termed a sunk cost
Indicate whether the statement is true or false
True
You might also like to view...
An alternative to being a market follower in a large market is to be a leader in a small market. This type of competitor is called a ________
A) marketing king B) market nicher C) segment king D) guerilla marketer E) strategic clone
Which of the following will lower the breakeven point?
A) a decrease in the sales price per unit B) an increase in total fixed costs C) an increase in the variable cost per unit D) an increase in the sales price per unit
Ordinary repairs usually result in a debit to the appropriate Accumulated Depreciation account
Indicate whether the statement is true or false
Which of the following actions is management prohibited by law from participating in?
A. Promises to provide future benefits B. Disciplining employees for pro-union activities C. Physical interference D. All of these