Which of the following cannot be an out-of-pocket cost?
A)A direct cost
B)An opportunity cost
C)A variable cost
D)A period cost

Question

Quizplus · Accepted Answer

An opportunity cost is the cost of forgoing the next best alternative in order to pursue a certain course of action. It is not a direct monetary cost that can be considered an out-of-pocket cost. The other three options (direct cost, variable cost, and period cost) are all types of costs that can be considered as out-of-pocket costs.

Which of the Following Cannot Be an Out-Of-Pocket Cost