Which of the Following Statements Is True Concerning Sunk Costs

question 170

Multiple Choice

Which of the following statements is true concerning sunk costs?

• A)They are the total costs of any asset that has been purchased in the past.
• B)They are the total costs of any asset,less depreciation,that has been purchased in the past.
• C)It is another term for depreciation.
• D)They have zero opportunity costs.

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