21.1 A business is considering whether or not to invest in a new factory building. The managers...
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21.1 A business is considering whether or not to invest in a new factory building. The managers have incurred expenditure of £15 000 on an initial land survey. For capital investment appraisal purposes this expenditure is:
a) a fixed cost
b) a relevant cost
c) a sunk cost
d) an estimated cost.
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Business Accounting And Finance For Non Specialists
ISBN: 9781861528728
1st Edition
Authors: Catherine Gowthorpe
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