Question: To what does the term differential cost refer? Multiple Choice A difference in cost that results from selecting one alternative instead of another. The benefit

To what does the term differential cost refer?
Multiple Choice
A difference in cost that results from selecting one alternative instead of another.
The benefit forgone by selecting one alternative instead of another.
A cost that does not entail any dollar outlay, but which is relevant to the decision-making process.
A cost that continues to be incurred even though there is no activity.

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