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Which of the following statements is true? Multiple Choice Sunk costs are costs that have been proven to be unproductive. Fixed costs are always sunk

Which of the following statements is true?

Multiple Choice

  • Sunk costs are costs that have been proven to be unproductive.

  • Fixed costs are always sunk costs.

  • Future revenue that differs between alternatives is known as differential revenue.

  • Future costs that differ between alternatives are irrelevant to a decision.

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