Question: Sunk costs can be defined as: Question 1 1 Answer a . Any and all costs necessary to implement a new project or activity. b

Sunk costs can be defined as:
Question 11Answer
a.
Any and all costs necessary to implement a new project or activity.
b.
The costs that have already been incurred and will not change whether or not a project is accepted.
c.
Any and all fixed costs that are incurred as the result of accepting a new project or activity.
d.
The costs resulting from losses in current projects due to the implementation of a new project.
e.
The initial, or start-up, costs of a project that cannot be recouped should the new project be implemented.

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