Advertisements
Advertisements
प्रश्न
Explain the following:
Sunk cost
Write Short note on:
Sunk cost
Advertisements
उत्तर
Sunk Costs are costs that have already been incurred in the past and cannot be recovered, regardless of future decisions. Examples include investments in plant, machinery, buildings, or any other expenditure that cannot be reversed. Since these costs cannot be changed by future actions, they are irrelevant for decision-making. Sunk costs should not influence current decisions, as they cannot be recovered, and only future costs and benefits should guide decisions.
Notes
Students should refer to the answer according to the question.
संबंधित प्रश्न
A firm has to pay a fixed rent of ₹ 500 for the postpaid mobile bill and further pay extra charges for the calls made in a month. Identify the type of cost mentioned here.
Indirect material scrap is adjusted along with ______.
Wages paid to a labour who was engaged in the production activities can be termed as ______.
Direct cost increases when ______.
Distinguish between controllable and uncontrollable costs.
Distinguish between direct costs and indirect costs.
Distinguish between Direct Labour cost and Indirect Labour cost.
Give an example of opportunity cost.
Fixed cost per unit decreases when ______.
Variable cost per unit increases when ______.
