Question: A cost that cannot be avoided or changed because it arises from a past decision, and is irrelevant to current and future decisions, is called

A cost that cannot be avoided or changed because it arises from a past decision, and is irrelevant to current and future decisions, is called a(n):
Multiple Choice
Out-of-pocket cost.
Sunk cost.
Uncontrollable cost.
Incremental cost.
Opportunity cost.
 A cost that cannot be avoided or changed because it arises

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