Which of the following is NOT a correct statement regarding opportunity cost?

CA Foundation · Business Economics · PYQS · January 2026
Which of the following is NOT a correct statement regarding opportunity cost?
(A) A. Is always recorded in the books of account
(B) B. Relates to sacrificed alternatives
(C) C. Represents the value of foregone opportunity
(D) D. Is a useful concept in long-term cost calculations

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Is always recorded in the books of account

Topics: Theory of Production and Cost

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