Multiple Choice
What is the nature of an opportunity cost?
A) It is always variable.
B) It is a potential benefit.
C) It is included as part of cost of goods sold.
D) It is a sunk cost.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q69: M&H Ltd.has sufficient capacity to fill an
Q70: Use the following information for questions
Q71: What non-financial factors should be considered when
Q72: Peters, Inc.produces chocolate chip cookies.Costs for
Q73: It costs Fortune Company $12 of variable
Q74: A company is within plant capacity.It is
Q76: EKP purchased a raw material in bulk
Q77: Specik, Inc.is considering the following alternatives:
Q78: A company is deciding whether or not
Q79: For which of the following is incremental