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    Managerial Accounting Study Set 23
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    Exam 1: Managerial Accounting and Cost Concepts
  5. Question
    The Potential Benefit That Is Given Up When One Alternative
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The Potential Benefit That Is Given Up When One Alternative

Question 233

Question 233

True/False

The potential benefit that is given up when one alternative is selected over another is called a sunk cost.

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