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    Introduction to Management Accounting Study Set 3
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    Exam 6: Relevant Information and Decision-Making: Product Decisions
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    Opportunity Cost
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Opportunity Cost

Question 27

Question 27

Multiple Choice

Opportunity cost:


A) is the cost of resources owned by the company
B) is the contribution of the best alternative that is excluded from consideration
C) applies to resources owned by the company
D) All of these answers are correct.

Correct Answer:

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