A company is planning to replace an old machine with a new one. Which of the following is a sunk cost?
A) cost of the new machine
B) sales price of the old machine
C) future maintenance costs of the old machine
D) original cost of the old machine
D
You might also like to view...
Except for third party contracts, contracts always have only two parties.
a -Always true b -Never true c -Sometimes true d -None of the above
If project completion times are normally distributed, what is the probability that the project will be completed by the mean project duration?
a. 0.00 b. 0.25 c. 0.50 d. 1.00
No citations are issued in connection with a consultation; however, the consultant's files may be used to trigger an Occupational Safety and Health Administration (OSHA) inspection.
Answer the following statement true (T) or false (F)
A company that requires only cash in dealing with customers is following risk avoidance
Indicate whether the statement is true or false