source cost
sacrifice cost
treated cost
cost
Answer is Right!
Answer is Wrong!
The correct answer is: B. sacrifice cost
A sacrifice cost is a cost that is incurred in order to achieve a specific objective. It is the cost of the resources that are given up in order to achieve the objective. For example, if a company decides to invest in a new product, the cost of the research and development that is necessary to develop the product is a sacrifice cost.
The other options are incorrect because they do not accurately describe the concept of a sacrifice cost.
- A source cost is a cost that is incurred in order to obtain a resource. For example, the cost of purchasing raw materials is a source cost.
- A treated cost is a cost that is recorded in the accounting records. For example, the cost of labor is a treated cost.
- A cost is a measure of the resources that are used up in order to achieve a specific objective. For example, the cost of producing a product is a cost.
I hope this helps! Let me know if you have any other questions.