Question: When a decision is made in an organization, it is selected from a group of alternative courses of action (i.e., decision alternatives). The loss associated

When a decision is made in an organization, it is selected from a group of alternative courses of action (i.e., decision alternatives). The loss associated with not choosing a given decision alternative is referred to as a(n):

Sunk cost.

Discretionary.

Opportunity cost.

Committed cost.

Outlay cost.

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Do not pay him, wait until I come

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