Which of the following is referred to as sunk cost?

A. management reserve

B. cost budgeted for construction under water

C. forecasted budget over-runs

D. expended funds over which there is no further control

Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2017/04/07

Upvote (0) Views (7) Followers (5) Answers (5) Report Question

by Mohamed Kamal , Cost Control Manager , China State Construction Engineering Corporation Ltd. (Egypt)

(D)

the costs that are out of control anymore and cant be recovered

by Mahmoud Abdel Aziz CMA , Finance Manager , Pan Gulf Telecommunication Co. - Pan Gulf Holding Co.

sucking cost is the cost happened in the past and you have no control on it on the future

so i will go for D

by Krishna KHASANIS PMP , Project Manager-Electrical , Larsen & Toubro Ltd, P T & D (International)

In my opinion , option - D is most appropriate.

by DR MD ANWAR HOSSAIN , Moderator , bayt.com

Thank you. I seem answer is D. expended funds over which there is no further control.

D. expended funds over which there is no further control

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