Answer Posted / krishnachaitanyanellore
Sunk cost is the historical cost incurred in the past. This
may not be useful for the decision making process.
Ex: To dispose my machinery I have no use of knowing how
much it is depreciated till now.What I want is just the
current market price.
So,Sunk cost is immaterial.
| Is This Answer Correct ? | 45 Yes | 6 No |
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