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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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