This topic contains a solution. Click here to go to the answer

Author Question: Which of the following statements best describes a sunk cost? (Read 89 times)

stananza

  • Full Member
  • ***
  • Posts: 162
Which of the following statements best describes a sunk cost?

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


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.


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.


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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by stananza on Aug 7, 2023

MistyHubbard

  • Full Member
  • ***
  • Posts: 174
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.
Answer Preview
Only 39% of students answer this correctly




stananza

  • Member
  • Posts: 162
Reply 2 on: Aug 7, 2023
YES! Correct, THANKS for helping me on my review


cam1229

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Excellent

 

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

For a complete list of videos, visit our video library