Irrelevant Cost — A managerial accounting term that represents a cost, either positive or negative, that does not relate to a situation requiring management s decision. As with relevant costs, irrelevant costs may be irrelevant for some situations but relevant for … Investment dictionary
Sunk costs — In economics and business decision making, sunk costs are retrospective (past) costs that have already been incurred and cannot be recovered. Sunk costs are sometimes contrasted with prospective costs, which are future costs that may be incurred… … Wikipedia
Sunk Costs — (deutsch: versunkene Kosten), oft auch als irreversible Kosten bezeichnet, sind betriebswirtschaftliche Kosten, die bereits in der Vergangenheit entstanden sind, d. h. bereits zu Auszahlungen geführt haben oder deren gegenwärtiges oder… … Deutsch Wikipedia
Sunk costs — (deutsch: versunkene Kosten, oft auch als irreversible Kosten bezeichnet), sind Kosten, die bereits entstanden sind und nicht (beispielsweise durch Verkauf) rückgängig gemacht werden können. Darin sind sowohl Kosten enthalten, die bereits zu… … Deutsch Wikipedia
relevant cost — An expected future cost that varies with alternative courses of action. Decision making involves choosing between such alternatives and to make the best choice a manager needs to identify the future cash flows for each decision. Costs that have… … Accounting dictionary
Job interview — Oakland, California. Hanging Around. The total time spent in actual interviews while hunting a job takes only a small part of the day; unwilling to go home these youths spend most of their day hanging around and talking with other job hunters.… … Wikipedia
Instant-runoff voting — Example instant runoff voting ballot … Wikipedia
international relations — a branch of political science dealing with the relations between nations. [1970 75] * * * Study of the relations of states with each other and with international organizations and certain subnational entities (e.g., bureaucracies and political… … Universalium
Perfect competition — Economics … Wikipedia
education — /ej oo kay sheuhn/, n. 1. the act or process of imparting or acquiring general knowledge, developing the powers of reasoning and judgment, and generally of preparing oneself or others intellectually for mature life. 2. the act or process of… … Universalium