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Essay specific features
Written by:
Jeanne A
Date added:
March 19, 2015
Level:
University
Grade:
A
No of pages / words:
3 / 838
Was viewed:
2502 times
Rating of current essay:
Essay content:
Variable costs are expenses that change in direct proportion to the activity of a business. Actual costs refer to real transactions, whereas opportunity costs refer to the alternative taken into consideration by decision makers who might want to choose the line of activity which minimize the costs. Sunk costs are investment costs incurred before a certain activity takes place which cannot be recovered by the possible sale of the asset they produced and represent barriers to exit...
displayed 300 characters
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Sunk costs are investment costs incurred before a certain activity takes place which cannot be recovered by the possible sale of the asset they produced and represent barriers to exit. Direct costs are identified specifically with a particular supported venture and can be directly allocated to such actions, comparatively easily and with a high degree of precision...
displayed 300 characters
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