Post Utme Bowen University 2021 Commerce Question 38

Practice objective / multiple choice question 38 from the 2021 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2021 Commerce Objective / Multiple Choice
Question 38 POST_UTME_BOWEN_UNIVERSITY • 2021 • COMMERCE • objective

A company is considering investing in a new project with a high initial cost but low maintenance costs. What type of investment is this?

Answer Options

A. Sunk cost
B. Opportunity cost
C. Sunk cost with a salvage value
Correct Answer D. Sunk cost with no salvage value
Correct Answer
D
Correct Option:
Sunk cost with no salvage value

About This Question

This is Post Utme Bowen University 2021 Commerce Question 38. It is one of the objective questions from the 2021 Post Utme Bowen University Commerce examination.

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