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English[edit] English Wikipedia has an article on: sunk cost Wikipedia Noun[edit]sunk cost (plural sunk costs)
Translations[edit]already incurred costs
Anagrams[edit]
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Show Summary Details Quick Reference1. (sunk capital) Expenditure, usually on capital items, that once having been incurred can be included in a company's books of account as an asset, although this value cannot be recovered. 2. In management accounting, expenditure that has already been incurred and that cannot be recovered. Such costs are not relevant to any subsequent spending decisions. An example of a sunk cost is the original cost of a machine when the decision is whether or not to replace this machine. Compare relevant cost. Sunk costs are costs that have already been incurred and which cannot be recovered. They should not be considered when making decisions. Home Index About Copyright 2010, 2021 Linda Ghent, Alan Grant, and George Lesica Free RRB JE Previous Paper 1 (Held On: 22 May 2019 Shift 2) 100 Questions 100 Marks 90 Mins Last updated on Nov 30, 2022 The RRB (Railway Recruitment Board) is soon going to release the official notification of the RRB JE 2022. For the previous recruitment cycle, the RRB had released a total number of 13487 vacancies. It is expected that this year too the RRB is going to release the approximate same or more than the previous vacancies. The selection process of the RRB JE includes CBT 1, CBT 2, and Document Verification & Medical Test. The selected candidates will get an approximate salary range between Rs. 13,500 to Rs. 38,425.
Which is the cost that has already been incurred and that can not be changed by any decision made now or in the future?Sunk costs are the costs which have been created by a decision that was made in the past and cannot be changed by any decisions that will be made in the future. A sunk cost cannot be recovered and are considered irrelevant for future decision making.
What is the cost incurred in the past that Cannot be changed by any future action?Sunk costs—costs incurred in the past that cannot be changed by future decisions—are not differential costs because they cannot be changed by future decisions.
Have already been incurred and Cannot be changed now or in the future?Sunk cost is any cost that has already been incurred and that cannot be changed by any decision made now or in the future.
What is sunk cost theory?The Sunk Cost Fallacy describes our tendency to follow through on an endeavor if we have already invested time, effort, or money into it, whether or not the current costs outweigh the benefits.
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What is the cost that has already been incurred and which Cannot be recovered?
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