Depreciation of equipment is an example of which of the following types of costs?
A) a sunk cost
B) a variable cost
C) a relevant cost
D) an opportunity cost

Name: Depreciation of equipment is an example of which of the following types of costs? A) a sunk cost B) a variable cost C) a relevant cost D) an opportunity cost
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Question

Quizplus · Accepted Answer

Depreciation of equipment is a sunk cost because it represents a past expenditure that cannot be recovered and does not change with future business decisions.

Depreciation of Equipment Is an Example of Which of the Following