When Would Sunk Costs Be Irrelevant for Current Decision Making

question 13

Multiple Choice

When would sunk costs be irrelevant for current decision making?

• A) when the sunk costs are computed using accounting methods
• B) when the sunk costs are greater than variable costs
• C) when the sunk costs have been incurred only a short time ago
• D) Sunk cost are always irrelevant when making current decisions.

Identify the types of employment messages common post-interview and their purposes.

Recognize appropriate content and tone in a resignation letter.

Know the advantages of sending a follow-up message post-interview.

Distinguish between appropriate and inappropriate content in accepting a job offer.

---

Definitions:

Kohlberg

Refers to Lawrence Kohlberg, an American psychologist best known for his theory of stages of moral development.

Moral Development

The method by which people form suitable perceptions and actions towards others in society, grounded on the social and cultural standards, regulations, and legislation.

Psychosocial Development

A theory proposed by Erik Erikson that describes how individual personality develops across eight stages from infancy to adulthood, based on the interaction between psychological processes and social relationships.

Skin Turgor

A measure of skin elasticity, often used to assess hydration or dehydration.