Analysing Comparative Statement of Profit and Loss
Keeping the c...
Question
Keeping the cash idle in the business results in .
A
financial loss
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B
opportunity lost
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C
balance lost
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D
comparative loss
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Solution
The correct option is B opportunity lost Keeping the cash idle in the business results in loss of oppportunity because this money could have been invested in some otrher place and would have resulted in better return.