A(n)________ cost is a cost that would be classified "for decision-making purposes."
A)period cost
B)opportunity cost
C)controllable cost
D)historical cost

Name: A(n)________ cost is a cost that would be classified "for decision-making purposes." A)period cost B)opportunity cost C)controllable cost D)historical cost
Brand: Quizplus
Rating: 4.9 (46 reviews)

Question

Quizplus · Accepted Answer

Opportunity cost is relevant for decision-making as it represents the potential benefits an individual, investor, or business misses out on when choosing one alternative over another.

A(n)________ Cost Is a Cost That Would Be Classified "For