Which of the Following Is the Best Example of an Opportunity

question 19

Multiple Choice

Which of the following is the best example of an opportunity cost?

• A)The cost of filling up the company car with gasoline.
• B)The time incurred in reviewing expense reports of key employees in the company.
• C)Taking two days' vacation at the end of the month instead of completing a project for a client.
• D)Asking the President of the company for a raise.

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Definitions:

Service Department

A division within a business that provides essential support but does not directly add value to the product or service.

Pediatrics Department

A specialized medical division focused on the care, diagnosis, and treatment of infants, children, and adolescents.

Employee Hours

A measurement of the amount of time an employee works during a given period.

Square Feet

Square feet is a unit of area measurement in the Imperial and US customary measurement systems, used to measure the size of an area, typically a room or building.