When might the magnitude of a sunk cost be relevant for a decision? How do you reconcile

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When might the magnitude of a sunk cost be relevant for a decision? How do you reconcile this answer with the maxim that a sunk cost is not relevant for decision making?

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Managerial accounting

ISBN: 978-0471467854

1st edition

Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin

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Question Posted: Feb 20, 2013 09:14 AM

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When might the magnitude of a sunk cost be relevant for a decision? How do you reconcile

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Generally speaking sunk costs are not relevant for decision making because these are costs incurred ...View the full answer

Managerial accounting

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