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      Question

      Imputed cost is

      _______
      A Sunk cost Correct Answer Incorrect Answer
      B Variable cost Correct Answer Incorrect Answer
      C Notional cost Correct Answer Incorrect Answer
      D Shut down cost Correct Answer Incorrect Answer
      E Capitalized cost Correct Answer Incorrect Answer

      Solution

      Imputed cost are notional costs which do not involve any cash outlay. Interest on capital, the payment for which is not actually made, is an example of imputed cost. These costs are similar to opportunity cost. Same Question in our Costing-section test

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