An investment of money in idle inventory, in place of investing same amount of money somewhere else is an example of
A. offshore cost
B. outsource cost
C. in-source cost
D. opportunity cost
Answer: Option D
A. offshore cost
B. outsource cost
C. in-source cost
D. opportunity cost
Answer: Option D
A. resourcing
B. value acquiring
C. production
D. value acquaintance
Examining of past performance, exploring alternative and planning future is
A. learning
B. alternating
C. examining
D. deciding
Time that a company takes to create and produce a new product is classified as
A. management factor
B. time factor
C. customer factor
D. chain factor
Purpose of management accounting is to
A. past orientation
B. help banks make decisions
C. help managers make decisions
D. help investors make decision
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