google app store

apple app store

Question

In the context of managerial decision-making, which of

the following best describes ‘opportunity cost’?

A The incremental cash expenditure required to execute a business plan

B The portion of asset value lost due to wear and tear, reflected through depreciation

C The economic value of the benefit sacrificed by foregoing the next best alternative

D The accounting cost recorded to comply with statutory regulations

Practice Next

More Accounts Questions

Yellow revolution is related to which of the following?
India’s first vaccine to prevent Lumpy Disease was developed by which of the following Institute?
Consider the following statements

1) Animal Husbandry Infrastructure Development Fund (AHIDF) was approved by the Cabinet in June 2020

2) ...
Which one is the American type breed of poultry?
According to National Forest Policy of India, the ideal percentage of total geographical area under forest should be atleast ……………………..<...
The ozone layer absorbs harmful Ultra Violet radiation from sun. It is present in the upper portion of
KVK was launched in 1974, based on the reports submitted by
Which of the following statement is correct regarding about millets?

Stat1: It is grown in about 131 countries and is the traditional food for ar...
According to Planning commission, Indian region is divided into how many agro climatic zones?
India’s agro-tourism market size in 2024 (IMARC 2024) is:

ask-question