The Cost of a Resource That May Be Relevant to an Investment

question 49

Multiple Choice

The cost of a resource that may be relevant to an investment decision even when no cash changes hand is called a (an) :

• A) Sunk cost
• B) Opportunity cost
• C) Working capital
• D) None of the above

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Definitions:

Locus of Control

A psychological concept referring to the degree to which individuals believe that they have control over the outcome of events in their lives.

Academic Locus

Refers to the perceived location of control over academic successes or failures, whether internal (one's own abilities or efforts) or external (luck, difficulty of the task).

Persist

To continue steadfastly or firmly in some state, purpose, or course of action despite obstacles or discouragement.

Online College

Educational institutions that offer courses and degree programs through the internet, allowing students to learn remotely.