An Opportunity Cost Is

question 59

Multiple Choice

An opportunity cost is

• A) a cost that is charged against revenue in an accounting period.
• B) the foregone benefit from the best alternative course of action.
• C) the excess of operating revenues over operating costs.
• D) the cost assigned to the products sold during the period.

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Definitions:

Distributed Database

A database that is spread over multiple sites, regions, or nodes, ensuring data accessibility and resilience.

Peer-to-peer Transmission

Refers to the direct exchange of data or files between users' devices without the need for a centralized server, enabling decentralized communication or sharing.

Pseudonymity

The state of using or having a pseudonym, allowing a person to engage in activities without revealing their true identity.

Blockchain

A decentralized, distributed ledger technology that records transactions across multiple computers in a way that ensures security and transparency.