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    Managerial Accounting Study Set 17
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    Exam 1: Introduction to Managerial Accounting
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    Opportunity Cost Is the Cost of Not Doing Something
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Opportunity Cost Is the Cost of Not Doing Something

Question 91

Question 91

True/False

Opportunity cost is the cost of not doing something.An opportunity cost is the foregone benefit of the path not taken - the cost of not doing something.

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