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    Management Accounting Study Set 1
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    Exam 9: Relevant Information and Decision Making: Production Decisions
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    A Cost That Has Already Been Incurred and Is Irrelevant
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A Cost That Has Already Been Incurred and Is Irrelevant

Question 55

Question 55

Multiple Choice

A cost that has already been incurred and is irrelevant to the decision-making process is a(n)


A) opportunity cost.
B) replacement cost.
C) outlay cost.
D) sunk cost.

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