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Exam CCBA topic 1 question 39 discussion

Actual exam question from IIBA's CCBA
Question #: 39
Topic #: 1
[All CCBA Questions]

A business analyst is helping management determine which solution they should choose. As it happens that the organization can only choose one of the two solutions due to time and resource restrictions. Solution A worth $456,000 to the organization while solution B worth $565,000 to the organization. While solution A costs less, it is less risky and takes less time to complete so management elects to seize Solution A. What is the opportunity cost?

  • A. $565,000
  • B. There is not enough information to know how much the solution will cost the organization.
  • C. $109,000
  • D. $456,000
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Suggested Answer: A 🗳️
The opportunity cost is the total value of the opportunity that can be taken advantage of.
by Classy at June 24, 2020, 7:23 p.m.

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Himbishop
1 month, 1 week ago
Selected Answer: B
I picked B. How the time consuming and some potential benefits such as influence are not included in this opportunity cost? No two solutions bring exact same result with cost difference only.
upvoted 1 times
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keyss
2 months, 1 week ago
Selected Answer: A
A. $565,000 - The opportunity cost represents the potential value that could be realized by pursuing alternative courses of action. page 185 of the BABOK.
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sa221ad
2 months, 4 weeks ago
can anyone explain this, please?
upvoted 1 times
Nobita135
2 months, 2 weeks ago
We choose the solution A. So the opportunity cost is the value of the another solution (which is the solution B) = 565k
upvoted 1 times
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