The forgone amount for holding the balances of cash at the time they are received is classified as Options: A . &nbspforgone cost B . &nbspdebt cost C . &nbspopportunity cost D . &nbspbalances cost

The forgone amount for holding the balances of cash at the time they are receive

Question

The forgone amount for holding the balances of cash at the time they are received is classified as

Options:

A . forgone cost

B . debt cost

C . opportunity cost

D . balances cost

Answer: Option C
Answer: (c).opportunity cost

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