Which of the Following Statements Regarding "Opportunity Costs" Is True

Multiple Choice

Which of the following statements regarding "opportunity costs" is true?

A) These costs are recorded routinely by most modern cost accounting systems.
B) These costs relate to the benefit lost or foregone when a chosen option (course of action) precludes the benefits of an alternative option from being realized.
C) These costs are generally deductible for federal income tax purposes in the U.S.
D) In terms of most short-run decisions, they are irrelevant.
E) They are usually considered a sunk cost associated with one or more decision alternatives.