BA2 Exam Dumps : Fundamentals of management accounting

A sunk cost

A committed cost

An incremental cost

A historical cost

places the same value on all cash flows received over the whole life of a project.

places the same value on all cash flows received during the payback period.

places greater value on cash flows received in earlier years during the payback period.

places greater value on cash flows received in later years during the payback period.

Current costs

Notional costs

Estimated future costs

Costs already incurred which are known with certainty