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    Exam 25: 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 123

Question 123

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

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