• 2022-06-06
    The book value of an old machine is always considered an opportunity cost in a decision.
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    • 0

      Book value is defined as: A: a. disposal value B: b. disposal value less accumulated depreciation C: c. cost less accumulated depreciation D: d. disposal value less original cost

    • 1

      The net present value of the costs of operating a machine for the next three years is $10,724 at a cost of capital of 15%. What is the equivalent annual cost of operating the machine? A: $4697 B: $3575 C: $4111 D: $3109

    • 2

      Which is considered the earned value A: Budgeted Cost of Work Scheduled. B: Budgeted Cost of Work Performed. C: Actual Cost of Work Performed. D: Budgeted at Completion.

    • 3

      ____10.A foolish decision is a bad decision.

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      Which of the following costs are always irrelevant in decision making? A: avoidable costs B: sunk costs C: opportunity costs D: fixed costs