The benefits sacrificed when one alternative is chosen over another are referred to as:

A. Sacrificial costs.
B. Beneficial costs.
C. Avoidable costs.
D. Opportunity costs.


Answer: D

Business

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. _________________________ are cash and other assets that are reasonably expected to be converted to cash during the normal operating cycle of the business

Fill in the blank(s) with correct word

Business

The only way for an employer to defend a hazard is under:

a) OSH Act b) workers compensation c) greater hazard defense d) contributory negligence e) NOTA

Business

Which of the following is a nonvoting stock??

A. Common stock? B. ?Preferred stock C. ?Founders' shares D. ?Preemptive stock E. ?Growth stock

Business

The phase-out approach to product deletion involves a process of continuous price increases to make as much profit as possible before the product is finally priced out of existence.

Answer the following statement true (T) or false (F)

Business