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7 years ago
When replacing an old asset with a new one, the original purchase price of the old asset represents a(n) ________ cost.
A) sunk
B) relevant
C) differential
D) opportunity
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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7 years ago
Will mark this subject solved, thanks
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