Which of the following is not true with reference to capital budgeting ?

[A] Capital budgeting is related to asset replacement decisions.

[B] Cost of capital is equal to minimum required return

[C] Existing investment in a project is not treated as sunk cost

[D] Timing of cash flows is relevant

Answer & Explanation
Answer: Existing investment in a project is not treated as sunk cost

Commerce Short Question | Gkseries