Costs that behaves as irrelevant costs in process of decision making are classified as

 

Costs that behaves as irrelevant costs in process of decision making are classified as

a. past costs
b. future costs
c. expected costs
d. sunk costs

To answer this question, you must understand each answer choice in the multiple-choice above. So you will find the right answer.

A. past costs

it is True, because past costs is the best and correct answer to the above question. so, choose this answer.

B. future costs

Wrong. Because future costs is a bad choice for an answer.

C. expected costs

Wrong answer Again, because expected costs is a nonsensical answer. do not choose this answer.

D. sunk costs

It is Wrong Because sunk costs does not include the correct answer.

The Answer From Costs that behaves as irrelevant costs in process of decision making are classified as

So the correct answer is A i.e. past costs. Hopefully, it can help work on your problem and can add to your insight as well.