2. An opportunity cost is a. income forgone because an opportunity to earn income was not pursued....
Question:
2. An opportunity cost is
a. income forgone because an opportunity to earn income was not pursued.
b. never relevant in decision making.
c. a cost that cannot be avoided.
d. a cost that has been incurred and that cannot be reversed by some future action.
e. present in every decision-making situation.
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Kirti Kaushal
Having experience of more than 10 years is good enough to coach my students. Currently, I am working as an active supervisor of ACCA students. In my career, I helped students in financial accounting, management accounting, cost accounting, financial reporting, taxation, and audit. I also helped students publish their articles or papers in good journals. I also helped students with thesis and objective writing.
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Related Book For 
Accounting What The Numbers Mean
ISBN: 9780073379418
8th Edition
Authors: David Marshall, Wayne McManus, Daniel Viele
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