Opportunity cost represents-credit management decision

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Reference no: EM131848029

1. Which of the following is a credit management decision?

A. Putting money into short-term investments

B. Putting money into an emergency fund

C. Purchasing a used car with cash

D. Obtaining a student loan to attend college or university

2. Opportunity cost represents

A. what you give up as a result of making a decision.

B. evaluating different alternatives for financial decisions.

C. short- versus long-term financial decisions.

D. the financial cost of any opportunity.

3. Which of the following is required in creating a cash flow statement?

A. Amounts used for expenses

B. The ideal emergency fund amount

C. Value of all liabilities

D. The values of all assets

Reference no: EM131848029

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