An Expenditure That Has Already Been Made That Cannot Be

question 110

Multiple Choice

An expenditure that has already been made that cannot be recovered is a(n) :

• A) sunk cost.
• B) accounting outlay.
• C) indirect expense.
• D) economy of scale.

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Definitions:

Estate

Legal term referring to the assets and liabilities of a deceased person, or, more broadly, the collective assets and resources owned by an individual.

Boss

A person in charge of a worker or organization.

Power Currency

A form of influence or leverage that one can use within relationships or social interactions.

Course Management System

A software application designed to facilitate the creation, management, and delivery of educational courses and content.