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Use the Information Below to Answer the Following Question(s)

Question 45

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Use the information below to answer the following question(s) .
The top management at Munchie Company, a manufacturer of computer games, is attempting to recover from a flood, which destroyed some of its accounting records. The main computer system was also severely damaged. The following information was salvaged:
Use the information below to answer the following question(s) . The top management at Munchie Company, a manufacturer of computer games, is attempting to recover from a flood, which destroyed some of its accounting records. The main computer system was also severely damaged. The following information was salvaged:    -Costs recognized in particular situations that are not recognized by accrual accounting procedures are A)  opportunity costs. B)  imputed costs. C)  cash accounting costs. D)  incremental costs. E)  capital costs.
-Costs recognized in particular situations that are not recognized by accrual accounting procedures are


A) opportunity costs.
B) imputed costs.
C) cash accounting costs.
D) incremental costs.
E) capital costs.

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