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    Cost Management Study Set 1
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    Exam 11: Decision Making With a Strategic Emphasis
  5. Question
    "Committed" and "Sunk" Costs Are
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"Committed" and "Sunk" Costs Are

Question 96

Question 96

Multiple Choice

"Committed" and "Sunk" costs are:


A) Generally not fixed.
B) Generally small in amount.
C) The result of prior bad decisions.
D) Not relevant for decision-making.
E) Recoverable in trade.

Correct Answer:

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