An opportunity cost: A) Is an unavoidable cost. B) Requires a current outlay of cash. C) Results

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An opportunity cost:
A) Is an unavoidable cost.
B) Requires a current outlay of cash.
C) Results from past managerial decisions.
D Is the lost benefit of choosing an alternative course of action.
E) Is irrelevant in decision-making.

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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