Costs that cannot be avoided, regardless of what is done in the future, because they have already been incurred are

Name: Costs that cannot be avoided, regardless of what is done in the future, because they have already been incurred are
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Sunk costs are expenses that have already been incurred and cannot be recovered, regardless of future actions. These costs should not influence future business decisions since they cannot be avoided or changed.

Costs That Cannot Be Avoided, Regardless of What Is Done