Question: A sunk cost is: A. a cost which may be saved by not adopting an alternative. B. a cost which may be shifted to the

A sunk cost is:

A.

a cost which may be saved by not adopting an alternative.

B.

a cost which may be shifted to the future with little or no effect on current operations.

C.

a cost which cannot be avoided because it has already been incurred.

D.

a cost which does not entail any dollar outlay but which is relevant to the decision-making process.

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