The measurable value of an alternative use of resources is referred to as a (an). (a). Opportunity

Question:

The measurable value of an alternative use of resources is referred to as a (an). 

(a). Opportunity cost. 

(b). Imputed cost. 

(c). Differential cost. 

(d). Sunk cost.

Fantastic news! We've located the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Cost Accounting

ISBN: 9780070221628

4th Edition

Authors: Jawahar Lal, Seema Srivastava

Question Posted: