A-LevelAccountingDecision MakingMay/June 2012Paper 1 Q231 Mark
Which statement best describes a sunk cost?
Acost which is irrelevant for the future
Bcost which must be matched against the revenue
Ccost which remains the same at all levels of production
Dcost which varies with the level of production
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of decision making within the Accountingsyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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