Which of the Following Describes a Sunk Cost

question 244

Multiple Choice

Which of the following describes a sunk cost?

• A) One that is relevant to a decision because it changes depending on the alternative course of action selected
• B) An outlay expected to be incurred in the future
• C) A historical cost that is always irrelevant
• D) A historical cost that may be relevant

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Definitions:

Nephron

A kidney tubule and associated capillaries; filters blood and forms urine.

Filtration

A process by which solids are separated from liquids or gases by passing the mixture through a medium that retains the solids.

Reabsorption

The process in the kidneys where nutrients, water, and essential ions are reabsorbed into the bloodstream from filtered fluid.

Secretion

The process by which substances are produced and discharged from a cell or gland.