Sunk costs are:

Name: Sunk costs are:
Brand: Quizplus
Rating: 4.8 (53 reviews)

Question

Sunk costs are:

Quizplus · Accepted Answer

Sunk costs are the costs that have already been incurred and cannot be recovered, regardless of whether a project is continued or not. They are not relevant for decision-making because they cannot be changed or avoided, and therefore should be ignored. Options B and C are incorrect because they refer to future costs that may or may not be incurred, and are therefore not sunk costs. Option D is incorrect because the other options are all related to sunk costs.

Sunk Costs Are