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4 Why are sunk costs irrelevant in deciding whether to 5. Identify some qualitative factors that should be consid- 6. Google has many types of
4 Why are sunk costs irrelevant in deciding whether to 5. Identify some qualitative factors that should be consid- 6. Google has many types of costs. What is sell a product in its present condition or to make it into a new product through additional processing? ered when making managerial decisions. an out-of-pocket cost? What is an oppor- GOOGLE nity cost? Are opportunity costs recorded in the account- ing records
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