Which of the following costs is NOT recorded in the company's accounting system?
A)sunk cost
B)opportunity cost
C)direct cost
D)indirect cost

Question

Quizplus · Accepted Answer

Opportunity cost is a theoretical concept and cannot be measured or recorded in the company's accounting system. It refers to the cost of the next best alternative foregone when a decision is made. Sunk cost, direct cost, and indirect cost are all costs that can be recorded and measured.

Which of the Following Costs Is NOT Recorded in the Company's