Question: The term differential cost refers to: Multiple Choice a difference in cost between any two alternatives. the potential benefit forgone by selecting one alternative instead

The term differential cost refers to:
Multiple Choice
a difference in cost between any two alternatives.
the potential benefit forgone by selecting one alternative instead of another.
a cost which does not entail any dollar outlay but which is relevant to the decision-making process.
a cost which continues to be incurred even though there is no activity.

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