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BUSN 380 Week 1 Quiz Set 1 Question 1. Question : (TCO 1) When a person faces a trade-off and must give up something by making a choice,

this is referred to as

taking out a loan.

opportunity cost. the evaluation of alternatives.

a decision-making process. a dilemma. Question 2. involves the

Question :

(TCO 1) In financial planning, a major activity component

allocation of current resources for spending.


evaluation of investment alternatives. evaluation of one's career. selection of insurance coverage. establishment of credit.

Busn 380 week 1 quiz set 1  
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