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  2. Topic
    Business
  3. Study Set
    Contemporary Accounting
  4. Exam
    Exam 17: Accounting for Decision Making: With and Without Resource Constraints
  5. Question
    The Contribution Is Also Known as the Internal Opportunity Cost
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The Contribution Is Also Known as the Internal Opportunity Cost

Question 8

Question 8

True/False

The contribution is also known as the internal opportunity cost, and reflects the cost of using the resource within the organisation itself due to competing opportunities.

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