Question

The cost which does not involve any cash outflow is called

Answer 1

Answer:

Explanation:

C

Answer 2

Answer:

The cost which does not involve any kind of cash outflow is known as opportunity cost.

Explanation:

The term "opportunity cost" refers to a gain that a person could have obtained but instead chose to forego in order to pursue another path.

It is the most important cost for two events that are mutually exclusive. It does not require any cash outflows.