Multiple Choice
Heston and Burton, CPAs, currently work a five-day week. They estimate that net income for the firm would increase by $75,000 annually if they worked an additional day each month. The cost associated with the decision to continue the practice of a five-day work week is an example of:
A) differential revenue
B) sunk cost
C) differential income
D) opportunity cost
Correct Answer:
Verified
Correct Answer:
Verified
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