Avoidable Cost Definition
Avoidable Cost Definition:
Any cost that can be eliminated (in whole or in part) by choosing one alternative over another in a decision-making situation. In managerial accounting, this term is synonymous with Relevant cost and differential cost.
Other Related Accounting Articles:
- Differential Cost Definition
- Relevant Cost Definition
- Differential Costs or Incremental cost
- Relevant Cost
- Differential Revenue Definition
- Opportunity Cost
- Relevant Costing Technique
- Make or Buy Decision Definition
- Cost Terms, Concepts, and Classifications
- Full Costing Definition
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sidra
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