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Select the incorrect statement regarding sunk costs. Multiple Choice Sunk costs cannot be avoided. Sunk costs are relevant if they differ among the alternatives. Sunk

Select the incorrect statement regarding sunk costs.
Multiple Choice
Sunk costs cannot be avoided.
Sunk costs are relevant if they differ among the alternatives.
Sunk costs are costs that have been incurred in past transactions.
Sunk costs include historical costs such as equipment acquisition costs.
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