Past costs are also called 'sunk costs' because they are ________ and cannot be changed no matter what action is taken.
A)relevant
B)avoidable
C)unavoidable
D)financial

Name: Past costs are also called 'sunk costs' because they are ________ and cannot be changed no matter what action is taken. A)relevant B)avoidable C)unavoidable D)financial
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Question

Quizplus · Accepted Answer

Sunk costs are costs that have already been incurred and cannot be recovered, regardless of any future actions taken. Therefore, they are unavoidable.

Past Costs Are Also Called 'Sunk Costs' Because They Are