An avoidable cost can be defined as cost that can be eliminated as a result of choosing one alternative over another in a decision-making situation?

Yes, that is correct. Avoidable costs are costs that can be avoided or eliminated by choosing a different course of action. These costs are typically relevant in decision-making processes as they can help determine the most cost-effective option. By identifying and considering avoidable costs, businesses can make more informed decisions that maximize profitability and efficiency.

True