Multiple Choice Questions on hellip hellip hellip hellip is the maximum possible alternative earning that might have been earned........... for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

hellip hellip hellip hellip is the maximum possible alternative earning that might have been earned...........

Costing - Phase (I & II) Overview of Cost and Management Accounting
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    ………… is the maximum possible alternative earning that might have been earned if the productive capacity is put to some alternative use.

    Opportunity

    Correct Answer

    Incremental revenue

    Incorrect Answer

    Alternative revenue

    Incorrect Answer

    None of these

    Incorrect Answer
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    Explanation:

    Opportunity cost is the maximum possible alternative earning that might have been earned if the productive capacity or services had been put to some alternative use.

    By: Vikas Goyal
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