Quiz Ch 09 – Understanding the Concept of Sunk Costs in Project Evaluation

Essentials of Corporate Finance

Ross, Westerfield, and Jordan

10th Edition

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What is the term for a cost that has already been incurred and cannot be recovered, and therefore should be ignored when evaluating a project?

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  • Search Terms: a a(n): a) already and as be because been cannot cost cost. cost. b) cost. c) cost. d) cost. e) evaluating fixed forgotten has ignored incurred is opportunity project recouped referred should sunk that to variable when
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