A sunk cost is:A) a cost that may be saved by not adopting an alternative. B) a cost that may be shifted to the future with little or no effect on current operations. C) a cost that cannot be avoided because it has already been incurred. D) a cost which does not entail any dollar outlay but which is relevant to the decision-making process.
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Home » Business » A sunk cost is:A) a cost that may be saved by not adopting an alternative. B) a cost that may be shifted to the future with little or no effect on current operations. C) a cost that cannot be avoided because it has already been incurred.