Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. which of the following is true about an opportunit

Which of the following is true about an opportunity cost? A) should never be considered...

50.1K

Verified Solution

Question

Accounting

Which of the following is true about an opportunity cost?

A) should never be considered in decision-making.

B) they are recorded in the accounting records of the company.

C) is a cost that has already been incurred and can not be changed by any decision.

D) is the potential benefit given up when one alternative is selected over another.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

There is a project with the following cash flows : Year Cash Flow 0 ?$23,700 1 7,000 2 7,700 3 7,100 4 5,100 What is the payback period? Multiple...

Advance Math
1.2K views

For each of the following polynomials, determine the number of the roots that are in the...

Medical Sciences
1.2K views

the effect of different Rh between mother ad the fetus

Biology
1.2K views

The movement of water across a membrane from regions of high water concentration to regions...

Biology
1.2K views

Which ONE of the following is most associated with Interpretivism?(a) Individuals have choice and can...

Biology
1.2K views

Which of the following statements concerning glyceraldehyde 3 phosphate is FALSE a Two molecules of...

Physics
1.2K views

Two wires of equal length are bent in the form of two loops One of...

Calculus
1.2K views

Use the sum of the years digits depreciation method to make a depreciation schedule first...

Algebra
1.2K views

Use the following matrices to perform the operation if possible If not possible enter IMPOSSIBLE...

Accounting
1.2K views

Question 5 View Policies Show Attempt History Current Attempt in Progress . Your answer is...

Accounting
1.2K views

During May, Cockrel Corporation plans to serve 52,000 customers. The company uses the following revenue...

Finance
1.2K views

Suppose the rate of return on short-term government securities (perceived to be risk-free) is about...