Multiple Choice
When a decision is made in an organization, it is selected from a group of alternative courses of action (i.e., decision alternatives) . The loss associated with not choosing a given decision alternative is referred to as a(n) :
A) Sunk cost.
B) Discretionary.
C) Opportunity cost.
D) Committed cost.
E) Outlay cost.
Correct Answer:
Verified
Correct Answer:
Verified
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