A cost that cannot be changed because it arises from a past decision and is irrelevant to
Question:
A cost that cannot be changed because it arises from a past decision and is irrelevant to future decisions is
a. An uncontrollable cost.
b. An out-of-pocket cost.
c. A sunk cost.
d. An opportunity cost.
e. An incremental cost.
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The correct answer is c A sunk cost A sunk cost is a cost that has already been incurred and cannot ...View the full answer
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