When are sunk costs omitted from decision analysis?
A)Always
B)Never
C)Only if necessary
D)Only if they are immaterial

Name: When are sunk costs omitted from decision analysis? A)Always B)Never C)Only if necessary D)Only if they are immaterial
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Question

Quizplus · Accepted Answer

Sunk costs are costs that have already been incurred and cannot be recovered, so they are always omitted from decision analysis because they cannot be changed by any current or future action.

When Are Sunk Costs Omitted from Decision Analysis