Multiple Choice
The term differential cost refers to:
A) a difference in cost between any two alternatives.
B) the potential benefit forgone by selecting one alternative instead of another.
C) a cost which does not entail any dollar outlay but which is relevant to the decision-making process.
D) a cost which continues to be incurred even though there is no activity.
Correct Answer:
Verified
Correct Answer:
Verified
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