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kupik [55]
3 years ago
10

In 20 words or fewer, name some other types of opportunity costs

Business
1 answer:
user100 [1]3 years ago
3 0

Answer:

Opportunity cost is a fictitious cost used in the assessment of alternative resource uses. The cost is the lost income from the alternative that you have not chosen to use. A standard example is when a person has a large amount of money and two options: Save them at a fixed monthly interest rate or pay off their loans. If you choose to save at a fixed monthly interest rate, the monthly cost of the loan will be the alternative cost. If, on the other hand, you choose to pay off your loans, the lost interest income will be the alternative cost.

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sergeinik [125]

Answer:

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Explanation:

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3 years ago
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Reasons starting for world war one​
Citrus2011 [14]

Answer:

The immediate cause of World War I that made the aforementioned items come into play (alliances, imperialism, militarism, nationalism) was the assassination of Archduke Franz Ferdinand of Austria-Hungary. In June 1914, a Serbian-nationalist terrorist group called the Black Hand sent groups to assassinate the Archduke.

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3 0
3 years ago
The terms of a partnership agreement provide that one of the partners is to receive a salary allowance of $30,000, plus a bonus
Pavel [41]

Answer:

The correct answer is C: Bonus= $24000

Explanation:

The terms of a partnership agreement provide that one of the partners is to receive a salary allowance of $30,000, plus a bonus of 20 percent of income after deduction of the salary allowance.

The formula to calculate the bonus is:

Bonus=0,20*(Income-salary)

If income is $150000

Bonus= 0,20*(150000-30000)=$24000

8 0
3 years ago
The estimated value of an asset at the end of its useful life is called all of the following except a.residual value. b.salvage
lesantik [10]

Answer:

Correct answer is letter C, book value

Explanation:

The value of an asset at the end of its useful life is called residual value, salvage value, scrap value or break-up value. While book value on the other hand is the value of an asset after we deduct the accumulated depreciation from the cost of an asset. It is sometimes referred to us the carrying value of an asset we netting the asset against its accumulated depreciation.

3 0
3 years ago
The Planning process team is progressing. The team has involved a number of expert opinions in trying to approximate the costs n
Andrei [34K]

Answer:

Chart of accounts.

Explanation:

Chart of account set up the codes which is used to determine the project cost. Under chart of account each account is assigned unique number and name. Example of chart of accounts include balance sheet accounts, asset accounts, liability accounts, revenue accounts, expenditure accounts, etc.

Chart of account is usually used by an organization to show that what amount of money is received or spent by each class of items. By segregating expenditure, revenues, liability, assets, etc. it provide better understanding to an organization about financial health.

8 0
3 years ago
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