Committed,or "sunk" costs are generally:
A)Not fixed.
B)Small in amount.
C)From bad decisions.
D)Occurred in the past.
E)Recoverable in trade.

Name: Committed,or "sunk" costs are generally: A)Not fixed. B)Small in amount. C)From bad decisions. D)Occurred in the past. E)Recoverable in trade.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Sunk costs are costs that have already been incurred and cannot be recovered. They are "sunk" because they are in the past and cannot be undone or changed.

Committed,or "Sunk" Costs Are Generally