Which of the following is least likely to influence the opportunity cost of an asset?
A)its current market value
B)alternative uses for the asset
C)the current demand for the asset
D)its current book value

Question

Quizplus · Accepted Answer

The current book value of an asset is based on historical costs and accounting conventions, and does not necessarily reflect its current market value or alternative uses. As a result, it is less likely to influence the opportunity cost of an asset compared to factors such as its current market value, alternative uses, and demand.

Which of the Following Is Least Likely to Influence the Opportunity