Question

Select all of the Following that would most likely be considered a Sunk Cost.

Group of answer choices

Cost of the Salary for the Newly Hired VP of Production

Cost of Truck Purchased for Deliveries to Customers

Cost of Land Purchased to Build a Factory

Cost of Monthly Rental of a Forklift for the Factory

Cost of Office Equipment in the Accounting Department

Cost of the Monthly Fixed Cost for Internet Service

Which One is True ?

Group of answer choices

Fixed Costs are Relevant Costs

Sunk Costs are Relevant Costs

Opportunity Costs are Relevant Costs

Variable Costs are Sunk Costs

Which One of the Following is True?

Group of answer choices

All of the Choices are True

The Salary of the Corporate President of a Business is Relevant to a Segment Decision of the Business.

Most Accounting Information is Qualitative

An Expenditure made in the past is considered a Fixed Cost

Qualitative Factors are Relevant

What will Happen if an Unprofitable Segment is Eliminated from a Business ?

Group of answer choices

Total Sales for the Entire Business will Increase

Net Income will Increase

None of These Chocies

Net Income will Decrease

Which One is False?

Group of answer choices

A Cost that can easily be measured by numbers is a Qualitative Cost

A Cost that can not be changed by any decision is a Sunk Cost

A Cost that Differs betweenAlternatives is considered a Relevant Cost

A Constraint is a Resource that is Limited

Fixed Costs are Always Relevant.

Group of answer choices

True

False

Which One of the Following is a Qualitative Item for a Decision on Where to Go to College?

Group of answer choices

The Feel of the Campus

Cost of Backpack

Cost of Books

Cost of Parking Pass

None of These Choices

Cost of Tuition

Answer 1

Question	Select all of the Following that would most likely be considered a Sunk Cost.
Answer	Cost of Land Purchased to Build a Factory
Question	Which One is True ?
Answer	Opportunity Costs are Relevant Costs
Question	Which One of the Following is True?
Answer	All of the Choices are True
Question	What will Happen if an Unprofitable Segment is Eliminated from a Business ?
Answer	Net Income will Increase
Question	Which One is False?
Answer	A Cost that can easily be measured by numbers is a Qualitative Cost
Question	Fixed Costs are Always Relevant.
Answer	FALSE
Question	Which One of the Following is a Qualitative Item for a Decision on Where to Go to College
Answer	Cost of Tuition