In estimating the net investment, an outlay that has already been made is known as a(n) ____.
A) sunk cost
B) cash outflow
C) opportunity cost
D) expansion cost

Name: In estimating the net investment, an outlay that has already been made is known as a(n) ____. A) sunk cost B) cash outflow C) opportunity cost D) expansion cost
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Question

Quizplus · Accepted Answer

A sunk cost is a cost that has already been incurred and cannot be recovered. It is not considered in the estimation of net investment as it is irrelevant to future cash flows.

In Estimating the Net Investment, an Outlay That Has Already