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    Cost Accounting
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    Exam 11: Decision Making and Relevant Information
  5. Question
    Under the Opportunity-Cost Approach, the Relevant Cost of Any Alternative
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Under the Opportunity-Cost Approach, the Relevant Cost of Any Alternative

Question 121

Question 121

True/False

Under the opportunity-cost approach, the relevant cost of any alternative is the incremental of the alternative plus the opportunity cost of the profit foregone from choosing the alternative.

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