Which of the following are true of sunk costs? More than one answer may be correct. Multiple select question. They cannot be changed by the decision today to accept or reject a project. They are the costs that a firm has already paid or has already incurred the liability to pay. They cannot be measured.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter10: Short-term Decision Making
Section: Chapter Questions
Problem 8MC: Which of the following is a disadvantage of outsourcing? A. freeing up capacity B. freeing up...
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Which of the following are true of sunk costs? More than one answer may be correct.

Multiple select question.

They cannot be changed by the decision today to accept or reject a project.

They are the costs that a firm has already paid or has already incurred the liability to pay.

They cannot be measured.

 

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