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    Management and Cost Accounting
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    Exam 9: Measuring Relevant Costs and Revenues for Decision-Making
  5. Question
    A Purchasing Agent Has Two Potential Firms from Which to Buy
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A Purchasing Agent Has Two Potential Firms from Which to Buy

Question 64

Question 64

Multiple Choice

A purchasing agent has two potential firms from which to buy materials for production. If both firms charge the same price, the material cost is a(n)


A) irrelevant cost.
B) relevant cost.
C) sunk cost.
D) opportunity cost.

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