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    Accounting
  4. Exam
    Exam 20: Short-Term Business Decisions
  5. Question
    The Benefit Foregone by NOT Choosing an Alternative Course of Action
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The Benefit Foregone by NOT Choosing an Alternative Course of Action

Question 8

Question 8

Multiple Choice

The benefit foregone by NOT choosing an alternative course of action is referred to as a(n) :


A) opportunity cost.
B) sunk cost.
C) variable cost.
D) incremental cost.

Correct Answer:

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