Multiple Choice
A cost that has already been paid,or the liability to pay has already been incurred,is a(n) :
A) salvage value expense.
B) net working capital expense.
C) sunk cost.
D) opportunity cost.
E) erosion cost.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q60: Margarite's Enterprises is considering a new project.
Q61: Brennan's Boats is considering a project which
Q62: Bluedo's has sales of $435,000,depreciation of $35,000,and
Q63: A project is expected to create operating
Q64: A project will increase sales by $60,000
Q66: You own some equipment which you purchased
Q67: Tool Makers,Inc. uses tool and die machines
Q68: Samoa's Tools has sales of $760,000 and
Q69: A company which uses the MACRS system
Q70: Lottie's Boutique needs to maintain 20% of