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2. Select the incorrect statement concerning opportunity costs A. Opportunity costs are relevant costs B. Opportunity costs are cumulative C. Opportunity costs are future-oriented. D.

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2. Select the incorrect statement concerning opportunity costs A. Opportunity costs are relevant costs B. Opportunity costs are cumulative C. Opportunity costs are future-oriented. D. Opportunity costs are not recorded in the books 3. Select the correct statement regarding quantitative and qualitative information. A. To be relevant, qualitative data need not be quantified. 8. Relevant information cannot have both quantitative and qualitative characteristics C. Qualitative data should only be considered when quantitative data are inconclusive. vant, qualitative data need not differ between the alternatives but must be future- D. To be rele oriented

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