Accountants cannot measure opportunity cost. Only managers have the knowledge to measure it. Do you agree with

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“Accountants cannot measure opportunity cost. Only managers have the knowledge to measure it.” Do you agree with this statement? Why or why not?

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Introduction to Management Accounting

ISBN: 978-0133058789

16th edition

Authors: Charles Horngren, Gary Sundem, Jeff Schatzberg, Dave Burgsta

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Question Posted: Nov 19, 2014 05:59 AM

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Accountants cannot measure opportunity cost. Only managers have the knowledge to measure it. Do you agree with

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Yes this statement is generally correct Accountants record transactions B...View the full answer

Introduction to Management Accounting

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