题目内容
Opportunity costs represent costs that can be reduced by effective management of operations.
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The book value of an old machine is always considered an opportunity cost in a decision.
A cost that will be incurred regardless of which alternative is selected is not relevant when choosing between the alternatives.
A complete income statement need not be prepared as part of a differential cost analysis.
The variable costs of a product are relevant in a decision concerning whether to eliminate the product.
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