This is the cost expended that cannot be retrieved on a product or service. It is money already spent that cannot be recovered.
A) Direct
B) Indirect
C) Sunken
D) Recurring

Question

Quizplus · Accepted Answer

Sunken cost is the cost that has already been incurred and cannot be recovered. Direct cost refers to the cost directly associated with the production of a product or service, while indirect cost refers to the cost that is not directly related to the production process. Recurring cost refers to the expenses that incur at regular intervals, such as rent, salaries, etc. Since sunken cost refers to the cost already expended and cannot be recovered, choice C is the correct answer.

This Is the Cost Expended That Cannot Be Retrieved on a Product