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Which of the following statements reflects why sunk costs are irrelevant? (Check all that apply.) Some costs have been incurred already, and therefore do not
Which of the following statements reflects why sunk costs are irrelevant? (Check all that apply.)
Some costs have been incurred already, and therefore do not change across alternatives in some current or future decision.
The statement is not true - some sunk costs are relevant.
Some costs have been committed to, and therefore are unavoidable.
Some costs change depending on how many units are purchased or manufactured.
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