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Scorpion4ik [409]
4 years ago
9

A cost that cannot be avoided or changed because it arises from a past decision, and is irrelevant to future decisions, is calle

d a(n):
Business
1 answer:
Stella [2.4K]4 years ago
3 0

Answer: Sunk cost

Explanation:

A sunk cost is a cost that an individual, firm or the government has already incurred and therefore can't be recovered anymore.

For example, marketing campaign expenses, rent or the money that is spent on purchasing new equipment can all be referred to as sunk costs as they are past cost and can't be recovered again.

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Because the budget process in texas operates on a two-year cycle, texas legislators have adequate time to gather information, ca
Andrew [12]

<span>It is true. Texas legislators need adequate time to gather accurate  information and  carefully analyze the budget now that it is  operating in a two-year cycle</span>

<span>Texas lawmakers voted to approve the bill in 85th legislative session because time is running. Texas faces funding shortages due to slumping oil and gas revenues. And the state needs to the budget of  $217 billion in this tight economic times. </span>

5 0
3 years ago
Read 2 more answers
If you deposit $100 of currency into a demand deposit at a bank, this action by itself
Dahasolnce [82]

Answer:

A) Does not change the money supply.

Explanation:

Demand deposits change the monetary base, because the monetary base equals currency plus demand deposits.

However, in itself, a demand deposit does not change the money supply. For the change in the money supply to occur, the bank must loan out some of the money in the deposit.

8 0
3 years ago
Using a perpetual inventory system, the seller’s journal entry to record the sale of merchandise on account includes a:_________
alexandr1967 [171]

Answer:

D. Debit to Accounts Receivable

Explanation:

Transaction of sale in Perpetual Inventory system will be recorded as follow:

                                          Dr.    Cr.

Account Receivable         xxx

Sales                                          xxx

Cost of Goods Sold          xxx

Merchandise Inventory            xxx

There is no entry to purchases, cost of goods sold is debited and inventory is credited. So, the only correct option which is dealt in above transactions.

5 0
3 years ago
Willingness to pay Group of answer choices measures the value that a buyer places on a good. is the amount a seller actually rec
gtnhenbr [62]

Answer:

measures the value that a buyer places on a good.

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, etc.

Willingness to pay measures the value that a buyer places on a good or product. Thus, when this value is high, the customer would ultimately buy a product and vice-versa.

5 0
3 years ago
What is conceptualization ​
Volgvan

Answer:

the action or process of forming a concept or idea of something in your mind

Explanation:

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3 years ago
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