____ should be forgotten.
A)Sunk costs
B)Indirect costs
C)Direct costs
D)Intangible costs

Name: ____ should be forgotten. A)Sunk costs B)Indirect costs C)Direct costs D)Intangible costs
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Question

Quizplus · Accepted Answer

Sunk costs are costs that have already been incurred in the past and cannot be recovered. Continuing to consider these costs in decision making can lead to irrational and inefficient choices. Therefore, it is best to forget sunk costs and focus on future costs and benefits.

____ Should Be Forgotten