Why is that sunk costs are never relevant to a decision whereas opportunity costs are always relevant?

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Managerial Accounting

ISBN: 978-0470578797

4th edition

Authors: James Jiambalvo

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Question Posted: Jan 13, 2017 09:43 AM

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Why is that sunk costs are never relevant to a decision whereas opportunity costs are always relevant?

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Sunk costs are irrelevant to the decision a manager or executive ha...View the full answer

Managerial Accounting

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