Which of the Following Should Not Be Considered as an Opportunity

question 16

Multiple Choice

Which of the following should not be considered as an opportunity cost of attending college?

• A)Expenses that are the same whether or not you attend college
• B)Lost salary
• C)Business lunches
• D)Interest that could have been earned on your money had you put the money into a savings account, rather than spent it on tuition
• E)Opportunities sacrificed in the decision to attend college

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Definitions:

Retained Earnings

The portion of net income that is retained by the corporation rather than distributed to its shareholders as dividends.

Organizational Expenses

Costs incurred during the formation of a company, such as legal fees, registration fees, and promotional expenses.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and goodwill, that have value and can produce future economic benefits.

Balance Sheet

A report that outlines the total assets, obligations, and equity of shareholders of a company at a given time.