ExamGecko
Home Home / IIBA / CCBA
Question list
Search
Search

List of questions

Search

Related questions











Question 65 - CCBA discussion

Report
Export

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?
Answers
A.
What is the opportunity cost?
B.
$565,000
Answers
B.
$565,000
C.
There is not enough information to know how much the solution will cost the organization.
Answers
C.
There is not enough information to know how much the solution will cost the organization.
D.
$109,000
Answers
D.
$109,000
E.
$456,000
Answers
E.
$456,000
Suggested answer: A

Explanation:

The opportunity cost is the total value of the opportunity that can be taken advantage of.

asked 18/09/2024
Albert Terrell
38 questions
User
Your answer:
0 comments
Sorted by

Leave a comment first