Choosing one alternative over another
WebThe cost to make equals (20,000 x $15) + $80,000 forgone opportunity or 380,000. Thus, there is a $20,000 advantage to buying the part.] A cost that can be eliminated by choosing one alternative over another is a (n) _____ cost. avoidable Differential costs and benefits that should be considered in a decision: may be qualitative or quantitative WebThe benefit given up by choosing one alternative over another is called a (n) ____. rent It is better to ___ a home if you have little money for a down payment or plan to move soon. conspicuous consumption The desire to project an image of affluence, pushing one's spending beyond one's means is ____. deductions
Choosing one alternative over another
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WebApr 7, 2024 · A functional—or role-based—structure is one of the most common organizational structures. This structure has centralized leadership and the vertical, hierarchical structure has clearly defined ... 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.
WebA cost that can be avoided by choosing one alternative over another is relevant for decision purposes. Sunk costs are never relevant in decision making. Future costs that do not differ between the alternatives in a decision are avoidable costs. Fixed costs are sunk costs. WebA cost that can be avoided by choosing one alternative over another is not relevant for decision purposes. ... An avoidable cost is a cost that can be completely eliminated irrespective of whether one chooses one alternative or another in a decision. False. A fixed cost cannot be a differential cost.
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 … Webc. the cost of choosing one alternative over another d. the risk associated with producing a new item c A nation's wealth is determined by its _____. a. accumulation of all tangible and intangible resources b. natural resources c. accumulation of all tangible products d. product possibilities frontier c
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 …
Weba motivation for choosing one alternative over another Which of the following situations is the best example of a negative consequence? Aaron missed the school bus because he decided to snooze after his alarm clock went off. Which of the following scenarios shows someone who benefited from a choice made? house flipper hgtv free downloadWebSee Answer. Question: A cost that can be by choosing one alternative over another is not relevant for decision purposes. The book value of a machine, as shown on the balance sheet, is not in a decision concerning the replacement of that machine by another machine costs that differ between alternatives are relevant in decision making. linux accessibility busWebA cost that can be avoided by choosing one alternative over another is not relevant for decision purposes. False. ... An avoidable cost is a cost that can be completely eliminated irrespective of whether one chooses one alternative or another in a decision. False. A fixed cost cannot be a differential cost. False. Fixed costs may or may not be ... linux academy name changelinux academy azure book of basicsWebMar 3, 2024 · a motivation for choosing one alternative over another B. something that happens as the result of a choice C. something given up as the result of a choice D. the best alternative that has been given up See answers what word is underlined? Advertisement Advertisement jaherman jaherman linux 2.4.x 2.6.x sony ericsson embeddedWebThe first step in decision-making is to define the being considered. • Relevant costs and relevant benefits should be considered when making decisions. • Irrelevant costs and irrelevant benefits should be ignored when making decisions. identify the criteria for choosing among them. house flipper hgtv new itemsWebA cost that can be eliminated by choosing one alternative over another in a decision. Sunk Cost. Any cost that has already been incurred and that cannot be changed by any decision made now or in the future. True. Only costs and benefits that differ between alternatices are relevant in a decision. linux academy python