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प्रश्न
What is meant by sunk cost?
Explain the following:
Sunk cost
उत्तर
Sunk costs are historical or past costs which cannot be changed by any future decision. Investments in plant and machinery, buildings, etc., are examples of sunk costs. These costs are irrelevant for decision-making because they cannot be altered by later decisions.
संबंधित प्रश्न
Write a short note on Direct costs.
Distinguish between Fixed cost and Variable cost.
Describe cost on the basis of behaviour.
Indirect material scrap is adjusted along with ______.
Variable cost is a cost that ______.
Total variable cost per unit increases ______.
Which of the following cost is time based?
Fixed cost is a cost which remains same at ______.
Distinguish between controllable and uncontrollable costs.
Distinguish between shut down cost and sunk cost.
Distinguish between Direct Labour cost and Indirect Labour cost.
The term "variable costs" refers to ______.
Fixed cost is a cost which ______.
Fixed cost per unit decreases when ______.
A cost that is easily traceable to a cost object is known as ______.
"Some costs are semi-variable in nature." Comment.
What is meant by variable cost?
What do you mean by Semi-Fixed cost?
Classify cost according to its nature.
Write short notes on Variable Costs.
