Answered: A sunk cost can be described as which…

A sunk cost can be described as which of the following? A historical cost Cannot be changed regardless of future actions taken All of the items on the list describe a sunk cost. Always irrelevant

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter10: Short-term Decision Making

Section: Chapter Questions

Problem 1MC: ______ are the costs associated with not choosing the other alternative. A. Sunk costs B....

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Question

A sunk cost can be described as which of the following?

		A historical cost
		Cannot be changed regardless of future actions taken
		All of the items on the list describe a sunk cost.
		Always irrelevant

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