The Opportunity Cost of an Asset

question 55

Multiple Choice

The opportunity cost of an asset:

• A) should be depreciated annually.
• B) can differ depending on market conditions.
• C) is typically ignored in capital budgeting.
• D)is important only for parcels of land.

---

Definitions:

Job Applicant

An individual who applies for a position of employment in a company or organization.

Online Search

The process of using internet-based tools and platforms to obtain information or find resources.

Corporate Social Responsibility

A business model that helps a company be socially accountable to itself, its stakeholders, and the public.

Responsibility of Citizenship

The duties and obligations that come with being a member of a community or country, including obeying laws, paying taxes, and participating in civic life.