____ mean that the costs involved cannot be recouped for a considerable period of time.
A)Sunk costs
B)Opportunity costs
C)Overheads
D)Restructuring costs

Question

Quizplus · Accepted Answer

Sunk costs refer to costs that have already been incurred and cannot be recovered. This means that the costs involved cannot be recouped for a considerable period of time, if ever. Once the money has been spent, it is gone, and the business cannot recover it. Therefore, choice A is the best answer.

____ Mean That the Costs Involved Cannot Be Recouped for a Considerable