A cost that should be ignored when evaluating a project because that cost has already been incurred and cannot be recouped is referred to as a(n):

Name: A cost that should be ignored when evaluating a project because that cost has already been incurred and cannot be recouped is referred to as a(n):
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A sunk cost is a cost that has already been incurred and cannot be recovered, and thus should not be considered when making decisions about future projects.

A Cost That Should Be Ignored When Evaluating a Project