What Is the Opportunity Cost of Going to University

question 60

Multiple Choice

What is the opportunity cost of going to university?

• A) the total spent on food, clothing, books, transportation, tuition, lodging, and other expenses
• B) the value of the best opportunity a student gives up to attend university
• C) zero, for students who are fortunate enough to attend on a scholarship
• D) zero, because a college education will allow a student to earn a larger income after graduation

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Apply the equity method of accounting for investments and its tax implications.

Understand and describe various ownership structures and their implications on consolidation accounting.