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Exam CCBA topic 1 question 234 discussion

Actual exam question from IIBA's CCBA
Question #: 234
Topic #: 1
[All CCBA Questions]

An organization has two different solutions to grow its business. One project is worth $375,000 to the organization. The second project is worth $565,000 to the business. The organization can only do one of the projects and elects to do the second project for $565,000. What is the opportunity cost of this decision?

  • A. $190,000
  • B. $565,000
  • C. $375,000
  • D. $940,000
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Suggested Answer: Answer: B is incorrect. This answer is the value of the project the organization has elected to do. 🗳️
The opportunity cost is the whole amount of the opportunity that can be seized. In this instance, the opportunity cost is $375,000, as this is the project that the organization can't do.
by Cheburaators at Aug. 26, 2023, 3:04 p.m.

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17b7c4c
1 month, 1 week ago
Selected Answer: C
C. $375,000
upvoted 1 times
...
Cheburaators
1 year, 3 months ago
Selected Answer: C
$375,000
upvoted 1 times
...

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