Question: What is a sunk cost? Multiple choice question. An unexpected future loss related to a new project A previously incurred cost that cannot be recovered

What is a sunk cost? Multiple choice question. An unexpected future loss related to a new project A previously incurred cost that cannot be recovered A cost associated with the use of a currently owned, or employed, resource in a new project Any cash outflow that relates to a new project at, or prior to, time zero

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