WebQuestion: QUESTION 13 A good or service that is forgone by choosing one alternative over another is called a (n) explicit cost. opportunity cost. historical cost accounting cost QUESTION 14 A major technological advance would be represented on a production possibilities curve by a (n) O movement off the production possibilities curve toward a … WebAn avoidable cost is a sunk cost that can be eliminated (in whole or in part) as a result of choosing one alternative over another. Group starts. True/False 4. A cost that will be incurred regardless of which alternative is selected is not relevant when choosing between the alternatives. True/ False 5.
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WebWhen a decision is made among a number of alternatives, the benefit that is lost by choosing one alternative over another is the: opportunity cost. Conversion cost consists of which of the following? Direct labor and manufacturing overhead cost. Students also viewed. ACT 600. 28 terms. lcasto34. ACCT2230 MC/TF: 1-7. WebA cost that can be avoided by choosing one alternative over another is relevant for decision purposes Il It may be a good decision to replace an asset before its original cost has been fully recovered through increased revenues or decreased costs. Show transcribed image text Expert Answer matthew 8 explanation
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WebNov 24, 2003 · The opportunity cost of choosing the equipment over the stock market is 2% (12% - 10%). In other words, by investing in the business, the company would forgo the opportunity to earn a higher return. Cost-Benefit Analysis: A cost-benefit analysis is a process by which business … Bottleneck: A bottleneck is a point of congestion in a production system that … Economic Profit (Or Loss): An economic profit or loss is the difference between … Another approach is the dividend-discount model, also known as the Gordon … WebThe Crossword Solver found 30 answers to "To make a choice between two or more alternatives", 3 letters crossword clue. The Crossword Solver finds answers to classic … WebWhen a decision is made among a number of alternatives, the benefit that is lost by choosing one alternative over another is the: a. Conversion cost b. Opportunity cost c Realized cost. d. Accrued cost > A Moving to another question will save this response. This problem has been solved! matthew 8 homiletics