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:

Filter the Recipient List

The process of applying criteria to select a subset of addresses from a mailing list, ensuring messages are sent only to targeted individuals.

Western States

Refers to the geographical region in the United States consisting of states located in the western part of the country.

IF Field

In the context of word processing and spreadsheets, an IF field or function executes a command or displays content based on whether a particular condition is true or false.

State Field

In databases, a field designated to store the state portion of an address.