Income Forgone from Not Using an Asset in Its Best

question 60

Multiple Choice

Income forgone from not using an asset in its best economic alternative is an example of which of the following type of cost?

• A)outlay cost.
• B)direct cost.
• C)indirect cost.
• D)opportunity cost.

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Definitions:

Re-image

A process of putting a new image (operating system, applications, and settings) on a corporate computer.

Malware

Software code designed to damage an electronic device (cause lockups, slowness, crash an app, cause the device to not run or boot, and more).

Shredding

The process of cutting or tearing documents or digital media into smaller pieces to prevent unauthorized access to the information.

Mantrap

A security device or small room that controls access between two or more areas, often used in sensitive environments to ensure secure entry or exit, by allowing only one person to pass at a time.