The cost of ownership
A)is a sunk cost.
B)is a fixed cost.
C)includes financial costs.
D)All of the above answers are correct.

Question

Quizplus · Accepted Answer

The cost of ownership includes various financial costs such as maintenance expenses, insurance, taxes, and depreciation. These costs are typically fixed and are considered sunk costs as they cannot be recovered. Therefore, all of the given options (A, B, and C) are correct.

The Cost of Ownership