In Estimating the Net Investment, an Outlay That Has Already

question 20

Multiple Choice

In estimating the net investment, an outlay that has already been made is known as a(n) ____.

• A) sunk cost
• B) cash outflow
• C) opportunity cost
• D) expansion cost

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Definitions:

Access

Microsoft's database management solution that merges the relational functionalities of the Microsoft Jet Database Engine with a user-friendly graphical interface and development tools for software.

Linked Table

A table in a database that maintains a live connection to data in another source, allowing real-time updates and queries.

Mail Merge

A process in word processing applications that involves combining a standard document with a data source to produce personalized documents.

Access

A Microsoft-developed database management system that integrates the Microsoft Jet Database Engine's relational capabilities with graphical user interface and tools for software development.