another alternativeB the benefit foregone when one alternative is selected rather than another a cost that is saved by not adopting a given alternativeD a cost that continues to be incurred even when there is no activity An opportunity cost is A the difference between the total cost of one alternative and the total cost of another alternative B the benefit foregone when one alternative is selected rather than another a cost that is saved by not adopting a given alternative D a cost that continues to be incurred even when During periods of Inflation, the use of FIFO (rather than LIFO) as the method of accounting for inventories causes Multiple Choice higher reported sales. higher Incomes taxes, lower ending Inventory. higher Incomes taxes and lower ending Inventory there is no activity