View the step-by-step solution to:

2.Which of the following best describes an opportunity cost?


2.Which of the following best describes an opportunity cost?
a.it is a relevant cost in decision making, and is part of the traditional accounting records.
b. its not a relevant cost in decision making, but its part of the traditional accounting records.
c.its a relevant cost in decision making , but its not part of the traditional accounting records...
(incorrect) d.its not a relevant cost in decision making,and its not part of the traditional accounting records.

Recently Asked Questions

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question