Question: Select the correct statement regarding opportunity costs. Opportunity costs need not be considered in decision making. Opportunity costs are not recorded in a financial accounting

Select the correct statement regarding opportunity costs. Opportunity costs need not be considered in decision making. Opportunity costs are not recorded in a financial accounting records. Opportunity costs represent sunk costs. All of these. Engineering design costs generally referred to as Batch level costs Faculty-level costs. Unit -level costs Product- level costs. ServicePro provides two kinds of services During the most recent accounting period, the two service lines produced the following operating results: If the company stops providing Service 2: The company 's income will decrease by $1, 500 per year. The company's income will increase by $1, 500 per year. The company's income will decrease by $3, 500 per year. The company's income will decrease by $3, 500
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