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    Business
  3. Study Set
    Managerial Accounting
  4. Exam
    Exam 1: Introduction to Managerial Accounting
  5. Question
    An Opportunity Cost Is
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An Opportunity Cost Is

Question 61

Question 61

Multiple Choice

An opportunity cost is:


A) the foregone benefit of the path not taken.
B) an actual outlay of cash.
C) the initial investment required to pursue an opportunity.
D) a cost that cannot be traced to a specific cost object.

Correct Answer:

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