The Opportunity Cost of Funds Is the Interest That Can

question 93

True/False

The opportunity cost of funds is the interest that can be earned by lending the funds.

---

Definitions:

Losses

Financial reductions or negative outcomes typically resulting from expenses surpassing revenues or due to the decrease in value of an asset.

Limited Liability Company

A corporate configuration that unites the straightforward tax treatment of sole proprietorships or partnerships with the limited personal liability characteristic of corporations.

Unincorporated Business Association

A group engaged in business without the formalities and legal protections of incorporation, such as partnerships or sole proprietorships.

Limited Liability

Limited Liability is a legal structure that limits an owner's or shareholder's personal liability for a company's debts and obligations.