Question
A company is considering a new project that will cost $19,000. This project would result in additional annual revenues of $6,000 for the next 5
A company is considering a new project that will cost $19,000. This project would result in additional annual revenues of $6,000 for the next 5 years. The $19,000 cost is an example of a(n):
Sunk cost.
Fixed cost.
Incremental cost.
Uncontrollable cost.
Opportunity cost.
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Auditing Assurance And Risk
Authors: W Robert Knechel, Steven E Salterio
4th Edition
1315531720, 9781315531724
