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Book Cover
Financial and Managerial Accounting: The Basis for Business Decisions, 12/e
Jan R. Williams, University of Tennessee
Susan F. Haka, Michigan State University
Mark S. Bettner, Bucknell University
Robert F. Meigs
Incremental Analysis

True/False Quiz

Please answer all questions



1

Opportunity costs refer to benefits actually obtained by deciding to pursue alternative courses of action.
A)True
B)False
2

Information which does not vary among the alternatives under consideration is not relevant to the decision at hand.
A)True
B)False
3

Accepting a special order is profitable only if the unit sales price exceeds the average unit cost of production.
A)True
B)False








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