Asked by
Emily Piper
on Nov 19, 2024
Verified
Avoidable costs are irrelevant costs in decisions.
Avoidable Costs
Costs that can be eliminated if a particular decision is made, such as discontinuing a product line.
Irrelevant Costs
Costs that will not be affected by a decision and therefore should not be considered when making that decision.
- Discern between costs that matter and those that do not in decision-making scenarios.
Verified Answer
SR
Learning Objectives
- Discern between costs that matter and those that do not in decision-making scenarios.
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