The forgoing of possible benefits is measured through _____.
A)zero-based budgeting
B)top-down budgeting
C)opportunity costs
D)bottom-up budgeting

Question

Quizplus · Accepted Answer

The concept of opportunity cost measures the forgone benefits or alternatives when resources are allocated to a specific decision. Zero-based budgeting and top-down budgeting are methods of budgeting, and bottom-up budgeting is a process of involving all levels of employees in creating a budget.

The Forgoing of Possible Benefits Is Measured Through _____