All of the following are relevant to the decision to replace equipment EXCEPT the:

Name: All of the following are relevant to the decision to replace equipment EXCEPT the:
Brand: Quizplus
Rating: 4.8 (46 reviews)

Question

Quizplus · Accepted Answer

The original cost of old equipment is a sunk cost, meaning it has already been incurred and cannot be recovered or changed by any future action. Therefore, it is not relevant to the decision of whether to replace equipment. Decisions should be based on future costs and benefits, not past expenditures.

All of the Following Are Relevant to the Decision to Replace