Asked by Claire Fledderman on Jun 27, 2024
Verified
An avoidable cost is a cost that can be eliminated (in whole or in part)as a result of choosing one alternative over another.
Avoidable Cost
A cost that can be eliminated (in whole or in part) by choosing one alternative over another in a decision. This term is synonymous with relevant cost and differential cost.
- Comprehend the principle of pertinent expenses in decision-making procedures.
Verified Answer
ZK
Learning Objectives
- Comprehend the principle of pertinent expenses in decision-making procedures.
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