ExamVeda
Login
Home
This question belongs to Management Management Accounting
Management Accounting
?

An investment of money in idle inventory, in place of investing same amount of money somewhere else is an example of

Answer & Solution
Correct Answer: Option D
An investment of money in idle inventory, in place of investing same amount of money somewhere else is an example of opportunity cost. Opportunity costs represent the benefits an individual, investor or business misses out on when choosing one alternative over another.
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.