Multiple Choice
An opportunity cost is:
A) An uncontrollable cost.
B) A cost of potential benefit lost.
C) A change in the cost of a component.
D) A direct cost.
E) A sunk cost.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q32: A _ cost does not change in
Q33: Factory overhead costs normally include all of
Q35: The salary paid to the supervisor of
Q40: A primary difference between variable costs and
Q41: Indirect materials are accounted for as factory
Q42: Which of the following statements is regarding
Q91: _ inventory consists of goods a company
Q94: Cost concepts such as variable, fixed, mixed,
Q135: A manufacturer's inventory that is not completely
Q193: List the four goals of an internal