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) negative 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:

Individual Characteristics

Unique attributes, traits, and behaviors that differentiate one person from another.

Effective Counselors

These are professionals in counseling who demonstrate skills and competencies that effectively address the needs of their clients.

Intellectual Abilities

The capacity to perform mental activities such as reasoning, planning, problem-solving, abstract thinking, comprehending complex ideas, learning quickly, and learning from experience.

Cultural Beliefs

The shared assumptions, values, and practices that guide the behavior of people within a particular society or cultural group.