ACTG 211: CHAPTER 12 EXAM QUESTIONS AND ANSWERS
2024/2025 UPDATED A COMPLETE SOLUTION ALL ANSWERS
GET IT 100% CORRECT DETAILED BEST GRADED A+ FOR PASS
relevant costs - CORRECT ANSWERS A cost that should be considered
when making decisions.
relevant benefit - CORRECT ANSWERS A benefit that should be considered
when making decisions.
differential cost - CORRECT ANSWERS A future cost that differs between
any two alternatives.
differential revenue - CORRECT ANSWERS Future revenue that differs
between any two alternatives.
incremental cost - CORRECT ANSWERS An increase in cost between two
alternatives.
avoidable cost - CORRECT ANSWERS A cost that can be eliminated by
choosing one alternative over another in a decision. This term is synonymous with
differential cost and relevant cost.
are avoidable costs relevant? - CORRECT ANSWERS yes
sunk cost - CORRECT ANSWERS A cost that has already been incurred and
that cannot be changed by any decision made now or in the future.
2024/2025 UPDATED A COMPLETE SOLUTION ALL ANSWERS
GET IT 100% CORRECT DETAILED BEST GRADED A+ FOR PASS
relevant costs - CORRECT ANSWERS A cost that should be considered
when making decisions.
relevant benefit - CORRECT ANSWERS A benefit that should be considered
when making decisions.
differential cost - CORRECT ANSWERS A future cost that differs between
any two alternatives.
differential revenue - CORRECT ANSWERS Future revenue that differs
between any two alternatives.
incremental cost - CORRECT ANSWERS An increase in cost between two
alternatives.
avoidable cost - CORRECT ANSWERS A cost that can be eliminated by
choosing one alternative over another in a decision. This term is synonymous with
differential cost and relevant cost.
are avoidable costs relevant? - CORRECT ANSWERS yes
sunk cost - CORRECT ANSWERS A cost that has already been incurred and
that cannot be changed by any decision made now or in the future.
