Question: An opportunity cost: A. Is an unavoidable cost because it remains the same regardless of the alternative chosen. B. Requires a current outlay of cash.

An opportunity cost:

A. Is an unavoidable cost because it remains the same regardless of the alternative chosen.

B. Requires a current outlay of cash. Results from past managerial decisions.

C. Is the potential benefit lost by choosing a specific alternative course of action among two or more.

D. Is irrelevant in decision making because it occurred in the past.

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