Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 11, 2024

Hussein could earn $3.3 thousands for one year if he had stopped studying, yet he spent $6.3 thousands to go to school. So, his opportunity

Hussein could earn $3.3 thousands for one year if he had stopped studying, yet he spent $6.3 thousands to go to school. So, his opportunity cost for that year is: Answer: D

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Operational Auditing Handbook Auditing Business Processes

Authors: Andrew Chambers, Graham Rand

1st Edition

0471970603, 978-0471970606

More Books

Students also viewed these Accounting questions

Question

★★★★★

A turntable of radius R1 is turned by circular rubber roller of radius R2 in contact with it at their outer edges. What is the ratio of their angular velocities, w1/w2?

Answered: 1 week ago

Question

★★★★★

What are the objectives of performing an attribution analysis? How could fund managers be evaluated by using an attribution analysis?

Answered: 1 week ago

Question

★★★★★

The two-step approach considers sav- ings and investments as the financial plan leading to financial security (and independence). a. True b. False

Answered: 1 week ago

Question

★★★★★

Manning Manufacturing Inc. had the following items that require adjustment at yearend. a. Salaries of $3,180 which were earned in December are unrecorded and unpaid. b. Used $2,598 of utilities in...

Answered: 1 week ago

Question

★★★★★

Hussein could earn $3.3 thousands for one year if he had stopped studying, yet he spent $6.3 thousands to go to school. So, his opportunity cost for that year is: Answer: D

Answered: 1 week ago

Question

★★★★★

Cash Disbursements Assume that Waycross Manufacturing manages its cash flow from its home office. Waycross controls cash disbursements by category and month. In setting its budget for the next six...

Answered: 1 week ago

Question

★★★★★

What is meant by organisational theory ?

Answered: 1 week ago

Question

★★★★★

What is meant by decentralisation of authority ?

Answered: 1 week ago

Question

★★★★★

Briefly explain the qualities of an able supervisor

Answered: 1 week ago

Question

★★★★★

Define policy making?

Answered: 1 week ago

Question

★★★★★

Define co-ordination?

Answered: 1 week ago

Question

★★★★★

How can organizations balance the provision of learning and development activities with individual career development needs?

Answered: 1 week ago

Question

★★★★★

What can be done to encourage individuals to take more responsibility for their career development?

Answered: 1 week ago

Question

★★★★★

What are the general responsibilities of parties for workplace health, wellbeing, and safety in the workplace? How might these be addressed in the case?

Answered: 1 week ago

Previous Question Next Question