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    Managerial Accounting Study Set 24
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    Exam 8: Using Accounting Information to Make Managerial Decisions
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    Costs That Has Been Incurred in the Past Is Referred
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Costs That Has Been Incurred in the Past Is Referred

Question 26

Question 26

Multiple Choice

Costs that has been incurred in the past is referred to as


A) avoidable costs.
B) sunk costs.
C) opportunity costs.
D) relevant costs.

Correct Answer:

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