You Decided to Take a College Accounting Course to Brush

question 97

Multiple Choice

You decided to take a college accounting course to brush up on your knowledge of the language of business.The tuition expense was $500.After the date has expired to receive a refund for the course,you are offered a job that would conflict with your class time.In making the decision to accept or decline the offer,the $500 is:

• A) the opportunity cost of the job.
• B) the expected gain in pay from taking the accounting course.
• C) a sunk cost.
• D) a sunk benefit.

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Definitions:

Artificial Intelligence

The branch of computer science focused on creating systems capable of performing tasks that typically require human intelligence, such as learning, reasoning, and self-correction.

Ethical Dilemma

A conflict between two or more morally unpleasant alternatives.

Final Class Grade

The ultimate evaluation or assessment of a student's performance in a class, usually expressed as a letter grade or percentage.

Louisiana State University

Louisiana State University is a public research university located in Baton Rouge, Louisiana, known for its extensive academic programs and vibrant campus life.