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Sunk costs include any cost that: will change if a project is undertaken. will be incurred if a project is accepted. has previously been incurred
Sunk costs include any cost that:
will change if a project is undertaken.
will be incurred if a project is accepted.
has previously been incurred and cannot be changed.
will be paid to a third party and cannot be refunded for any reason whatsoever.
will occur if a project is accepted and once incurred, cannot be recouped.
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