A sunk cost is a cash outlay that has already been incurred. But, it is a cost that can be recovered if a capital budgeting project is purchased. Consequently, these sunk costs are extremely important in capital budgeting analyses.
Answer the following statement true (T) or false (F)
False
Sunk cost will remain the same and will not change with respect to capital budgeting decisions. Therefore, it is not a relevant cash flow to be considered in capital budgeting decisions. See 10-1: Cash Flow Estimation
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The most highly credible source would score high on at least two of the three dimensions—expertise, trustworthiness, and likability
Indicate whether the statement is true or false
In a three-variance method of factory overhead analysis, the variance that measures the difference between the factory overhead applied and the actual hours worked multiplied by the standard rate is the:
a. Production-volume variance. b. Quantity variance. c. Spending variance. d. Efficiency variance.
The practice of recreational traveling in a way that maximizes the social and economic benefits to the local community and minimizes the negative impact on cultural heritage and the environment is referred to as
A. positive tourism. B. sustainable tourism. C. green tourism. D. environmental tourism. E. eco-tourism.
What is the difference between an order getter and an order taker?
What will be an ideal response?