Sunk Costs Costs incurred in the past that cannot be
{"Image DocumentName": "Sunk Costs Costs incurred in the past that cannot be", "Image ImageDescription": "LO1. Sunk Costs. Costs incurred in the past that cannot be. changed by present or future decisions. A sunk cost is NOT relevant for making decisions. An important category of cost to identify when making decisions includes costs that were incurred in the past and cannot be changed regardless of the decision made. These costs are called sunk costs and are not relevant for a decision", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}