Question

What opportunity costs do you incur by participating in a managerial accounting class?

Answer 1

Answer:

Opportunity cost of participating in a managerial accounting class:-

Opportunity cost of participating in a managerial accounting class is sum of the amount of explicit expense and implicit expense. Explicit expense for the class is the charges delivered for the course profit by total number of lecture in a course (per lecture cost) and certain expense or implicit cost is the assessing cost for the following alternative class with the most noteworthy value or highest value.