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    Financial and Managerial Accounting Study Set 8
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    Exam 21: Incremental Analysis
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    Sunk Costs
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Sunk Costs

Question 18

Question 18

Multiple Choice

Sunk costs:


A) Have already been incurred as a result of past actions.
B) Vary among the alternative courses of action being considered.
C) Are benefits that could have been obtained by following another course of action.
D) Result from unfavorable cost variances.

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