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Match the Items Below

Question 187

Matching

Match the items below.

Premises:
A cost that cannot be changed by any present or future decision.
The process of identifying the financial data that change under alternative courses of action.
The potential benefit that may be lost from following an alternative course of action.
Responses:
Incremental analysis
Opportunity cost
Sunk cost

Correct Answer:

A cost that cannot be changed by any present or future decision.
The process of identifying the financial data that change under alternative courses of action.
The potential benefit that may be lost from following an alternative course of action.
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