Sunk costs are a type of incremental cash flow that should be included in all capital-budgeting decisions

Which of the following statements is not true of mobile housing?

A) Mobile homes typically decrease in value with age. B) Most mobile homes are permanently affixed to a housing site. C) Mobile homes generally receive the same type of financing as traditional single family dwelling units. D) Construction costs per square foot are considerably less than for on-site construction.

Bev lives in the suburbs and works downtown. She drives to work, and her most direct route to work would require her to pass through an area where carjackings and drive-by-shootings are common

Bev does not drive through this area. Instead, she uses a route which adds 10 minutes to her commute. Which risk management technique is Bev using with respect to the risk of injury while driving through the dangerous area? A) noninsurance transfer B) avoidance C) passive retention D) loss reduction