Question

Sunk costs are expenses which have no effect on a decision therefore should not be taken into account inconsidering investment
m(A) True(B) False(C) Both of these(D) None of these
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Answer 1

Its true...(A)...will be the correct answer

Answer 2

Answer:

(A) True

Explanation:

A sunk cost is a cost that an entity has incurred, and which it can no longer recover. Sunk costs should not be considered when making the decision to continue investing in an ongoing project, since these costs cannot be recovered.