Sunk Costs Include Any Cost That

question 47

Multiple Choice

Sunk costs include any cost that:

• A) will change if a project is undertaken.
• B) will be incurred if a project is accepted.
• C) has previously been incurred and cannot be changed.
• D) is paid to a third party and cannot be refunded for any reason whatsoever.
• E) will occur if a project is accepted and once incurred, cannot be recouped.