Opportunity Cost(s)

question 132

Multiple Choice

Opportunity cost(s) :

• A)of a resource with excess capacity is zero
• B)should be maximized by organizations
• C)are recorded as an expense in the accounting records
• D)are most important to financial accountants

Analyze the effects of commercialization on nonprofit missions.

Comprehend the different classifications and sectors within the nonprofit world.

Assess the impact of political changes on nonprofit legislation.

Compare different organizational structures within the nonprofit and social enterprise sectors.

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Definitions:

Interracial Lynching

The act of murdering someone, typically by hanging, for an alleged offense with or without a legal trial, specifically where the victim and perpetrators are of different races.

Salient

Something that stands out conspicuously or is most noticeable or important in a particular context.

Scapegoat Theory

A theory that suggests that individuals or groups unfairly blame others for their own problems or failures, often as a means of diverting attention or responsibility away from themselves.

Outgroups

Groups of people that do not belong to one's own group, which is considered the "in-group", often leading to prejudice against them.