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Forgone contribution of resources in to revenues because of not using...

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Management Accounting
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Forgone contribution of resources, in to revenues because of not using resources, in next best use is classified as

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Correct Answer: Option B
Forgone contribution of resources, in to revenues because of not using resources, in next best use is classified as opportunity cost. Opportunity cost refers to what you have to give up to buy what you want in terms of other goods or services.
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