Question: Select the statement that is false. A. A sunk cost is an unrecoverable cost that has already been incurred B. Interest and other financing-related expenses

Select the statement that is false.

A. A sunk cost is an unrecoverable cost that has already been incurred

B. Interest and other financing-related expenses are excluded from the forecast of incremental earnings associated with a project

C. Project externalities are cash flows that do not affect other areas of a companys business

D. An opportunity cost of using an existing asset is measured by the value the asset would have provided in its best alternative use

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