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Author Question: Which of the following statements best describes a sunk cost? (Read 92 times)

stananza

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on: Aug 7, 2023
Which of the following statements best describes a sunk cost?

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A sunk cost is any cost that must be expended in order to complete a project and bring it into operation.


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A sunk cost is any cost that was expended in the past but can be recovered if the firm decides not to go forward with the project.


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A sunk cost is a cash outlay not directly related to the project and can be recovered if the firm decides to go forward with the project.


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A sunk cost is a cost that was incurred and expensed in the past and cannot be recovered in the future regardless of whether or not the project is accepted.

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by stananza on Aug 7, 2023

MistyHubbard

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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stananza

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Reply 2 on: Aug 7, 2023
:D TYSM

kalskdjl1212

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Reply 3 on: Yesterday
Excellent

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