Costs incurred before the split-off point in a sell-now-or-process-further decision, are O incremental costs. O relevant costs. O opportunity costs. O sunk costs. An opportunity cost O should be initially recorded as an asset. O is the cost of a new product proposal. O is the potential benefit that may be obtained by following an alternative course of action. O is classified as manufacturing overhead. Which of the following will always be a relevant cost, that should be included in the decision? a O Sunk cost O Fixed cost O Variable cost O Opportunity cost Which of the following is NOT a true statement? Incremental analysis is the same as CVP analysis, O Incremental analysis might also be referred to as differential analysis. O Incremental analysis is useful in making decisions. O Incremental analysis focuses on decisions that involve a choice among alternative courses of action