The only kind of costs that do NOT involve any outlay of cash are:

Question

Quizplus · Accepted Answer

Opportunity costs refer to the value of the best alternative forgone when choosing one option over another. These costs do not involve any outlay of cash, but rather represent the benefits that could have been gained from choosing an alternative option. For example, the opportunity cost of attending college may be the potential earnings from a full-time job during that same period.

The Only Kind of Costs That Do NOT Involve Any