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  3. Study Set
    Managerial Accounting Study Set 21
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    Exam 2: Identifying and Estimating Costs and Benefits
  5. Question
    A Sunk Cost Is
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A Sunk Cost Is

Question 37

Question 37

Multiple Choice

A sunk cost is:


A) A cost that can be directly traced to a decision option.
B) A past expenditure that cannot be changed.
C) A cost that does not change as the volume of activity changes.
D) A controllable cost.
E) None of the above.

Correct Answer:

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