Question: An opportunity cost: Multiple Choice Is the potential benefit lost by taking a specific action instead of alternative actions. Is irrelevant in decision making because

An opportunity cost:
Multiple Choice
Is the potential benefit lost by taking a specific action instead of alternative actions.
Is irrelevant in decision making because it occurred in the past.
Requires a future outlay of cash.
Is an unavoidable cost because it remains the same regardless of the alternative chosen.
Results frm past managerial decisions.
An opportunity cost: Multiple Choice Is the potential benefit lost by

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