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    Managerial Accounting Study Set 23
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    Exam 1: Managerial Accounting and Cost Concepts
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    A Cost Incurred in the Past That Is Not Relevant
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A Cost Incurred in the Past That Is Not Relevant

Question 241

Question 241

Multiple Choice

A cost incurred in the past that is not relevant to any current decision is classified as a(n) :


A) period cost.
B) opportunity cost.
C) sunk cost.
D) differential cost.

Correct Answer:

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