The Opportunity Cost of a Resource Should Be Considered in Project

question 68

Multiple Choice

The opportunity cost of a resource should be considered in project analysis, unless:

• A)no cash flows result from its use.
• B)the resource was purchased in a prior time period.
• C)the resource has been fully depreciated.
• D)the resource has no identifiable market value.

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Definitions:

RLC Series Circuit

A circuit configuration comprising a resistor (R), inductor (L), and capacitor (C) connected in series.

Applied Voltage

The voltage that is externally applied to an electrical circuit or device, which drives the current through it.

Current Flow

The movement of electric charge carriers, like electrons or ions, through a conductor or space.

Circuit

A closed path through which an electric current flows or may flow.