Ask Question
BusinessBusiness
26 December, 20:35

Past costs that are not affected by new decisions are known as

+3
Answers (1)
  1. 26 December, 20:50
    0
    Past costs that are not affected by new decisions are known as sunk costs. Sunk costs do not need to be taken into account when making new decisions because the money associated with it was already lost and it can not be regained. This money is lost by businesses due to bad decisions, such as poor investments.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Past costs that are not affected by new decisions are known as ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Everything else equal, an asset's value is: A. Inversely related to the rate of return investors require to purchase it. B. Directly proportional to the cost of debt used in the capital budgeting process of the firm. C.
Answers (1)
Michael has written an e-mail to his employees that describes a new product special that will be introduced to the customers next week.
Answers (2)
Which career pathway features jobs that are focused on conservation?
Answers (1)
What can you infer about the family's financial situation? explain how it has changed over the years?
Answers (1)
On the adjusted trial balance, retained earnings is: Multiple Choice Stated at the period-end amount. Stated at the period-beginning amount. Adjusted for all revenues and expenses for the period. Adjusted for the period's dividends.
Answers (1)
New Questions in Business
The following information is from the 2017 records of Armand Music Shop: Accounts receivable, December 31, 2017 $43,000 (debit) Allowance for Bad Debts, December 31, 2017 prior to adjustment 1,500 (debit) Net credit sales for 2017 178,000 Accounts
Answers (1)
Green Glass recently pays dividends. Future dividends are projected at $2.5, $3.5, and $4.5 over the next three years, respectively. Beginning four years from now, the annual dividend is expected to grow at 4% annually forever.
Answers (1)
What are two tasks (out of several) commonly performed by operating systems?
Answers (1)
Question 2 1 pts How much is the fine for your thost offense for failure to keep insurance? $1000 $400 $200 $20
Answers (2)
A movie company makes 500,000 DVDs of one of its latest releases. It sells 300,000 of them before the end of the second quarter, and holds the others in its warehouse. How will the 200,000 unsold DVDs be treated in the GDP statistics?
Answers (1)
Home » Business » Past costs that are not affected by new decisions are known as
Sign Up Forgot Password?