IIBA
ECBA · Question #135
Which cost is estimated based on the alternative results that might have been achieved if the resources devoted to one design option had been allocated to another design option?
The correct answer is C. Opportunity. Opportunity costs are alternative results that might have been achieved if the resources, time, and funds devoted to one design option had been allocated to another design option.
Strategy Analysis
Question
Which cost is estimated based on the alternative results that might have been achieved if the resources devoted to one design option had been allocated to another design option?
Options
- AImplementation
- BMaintenance
- COpportunity
- DPurchase
How the community answered
(32 responses)- A3% (1)
- B3% (1)
- C84% (27)
- D9% (3)
Explanation
Opportunity costs are alternative results that might have been achieved if the resources, time, and funds devoted to one design option had been allocated to another design option.
Topics
#opportunity cost#design options#cost analysis#alternative analysis
Community Discussion
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