The opportunity cost of obtaining human capital is: the direct cost of books, supplies, and tuition fees. the income foregone while acquiring it. the estimate of the increase in salary that results from the acquisition of skills. Higher the greater the discount rate

The opportunity cost of obtaining human capital is: the direct cost of books, supplies, and tuition fees. the income foregone while acquiring it. the estimate of the increase in salary that results from the acquisition of skills. Higher the greater the discount rate

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 1PA: Use the following information to answer the questions that follow. A. Calculate the operating income...

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Question

The opportunity cost of obtaining human capital is:
the direct cost of books, supplies, and tuition fees.
the income foregone while acquiring it.
the estimate of the increase in salary that results from the acquisition of skills.
Higher the greater the discount rate

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