A sunk is a cash outlay that has already been incurred and that cannot be recovered regardless of whether the project is accepted or rejected.These sunk costs are extremely important in capital budgeting decisions.

Name: A sunk is a cash outlay that has already been incurred and that cannot be recovered regardless of whether the project is accepted or rejected.These sunk costs are extremely important in capital budgeting decisions.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The Answer is False

A Sunk Is a Cash Outlay That Has Already Been