A sunk cost A. May be shifted to the future with little or no effect on...
A sunk cost
| A. |
May be shifted to the future with little or no effect on current operations. |
|
| B. |
Cannot be avoided because it has already been incurred. |
|
| C. |
Does not arise from an actual transaction recognized in the accounting records, but is relevant to the decision-making process. |
|
| D. |
Varies with the action taken and therefore has an effect on the decision to be made. |
Homework Answers
Answer is option B) Cannot be avoided because it has already been incurred.
Sunk cost is already incurred cost
Sunk cost is not considered for decision making
Add Answer to:
A sunk cost
A.
May be shifted to the future with little or no effect on...
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