Sunk Cost – NBC Institute

PM – May 2022 – L2 – SA – Q1C – Costing Systems and Techniques

Explain the concepts

Question

Explain the following concepts:
i. Incremental cost;
ii. Differential cost;
iii. Committed cost;
iv. Sunk cost;
v. Opportunity cost.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Committed cost, Differential Cost, Incremental cost;, Opportunity Cost, Sunk Cost
Level: Level 2

Topic: Costing Systems and Techniques
Series: MAY 2022

MI – May 2017 – L1 – SA – Q1 – Costing Techniques

Identify the cost type for Plant and Equipment procured three years ago.

Question

The cost of Plant and Equipment procured three years ago is a good example of a:
A. Controllable cost
B. Notional cost
C. Budgeted cost
D. Sunk cost
E. Relevant cost

Answer

Find Related Questions by Tags, levels, etc.

Tags: Cost Categories, Decision Making, Sunk Cost
Level: Level 1

Topic: Costing Techniques
Series: MAY 2017

PM – May 2022 – L2 – SA – Q1C – Costing Systems and Techniques

Explain the concepts

Question

Explain the following concepts:
i. Incremental cost;
ii. Differential cost;
iii. Committed cost;
iv. Sunk cost;
v. Opportunity cost.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Committed cost, Differential Cost, Incremental cost;, Opportunity Cost, Sunk Cost
Level: Level 2

Topic: Costing Systems and Techniques
Series: MAY 2022

MI – May 2017 – L1 – SA – Q1 – Costing Techniques

Identify the cost type for Plant and Equipment procured three years ago.

Question

The cost of Plant and Equipment procured three years ago is a good example of a:
A. Controllable cost
B. Notional cost
C. Budgeted cost
D. Sunk cost
E. Relevant cost

Answer

Find Related Questions by Tags, levels, etc.

Tags: Cost Categories, Decision Making, Sunk Cost
Level: Level 1

Topic: Costing Techniques
Series: MAY 2017

Question Tag: Sunk Cost

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PM – May 2022 – L2 – SA – Q1C – Costing Systems and Techniques

Explain the concepts

MI – May 2017 – L1 – SA – Q1 – Costing Techniques

Identify the cost type for Plant and Equipment procured three years ago.

PM – May 2022 – L2 – SA – Q1C – Costing Systems and Techniques

Explain the concepts

MI – May 2017 – L1 – SA – Q1 – Costing Techniques

Identify the cost type for Plant and Equipment procured three years ago.

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