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Question 8 1 pts Accountants do not ordinarily record opportunity costs in the formal accounting records. Why? Accountants do not ordinarily record opportunity costs in

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Question 8 1 pts "Accountants do not ordinarily record opportunity costs in the formal accounting records." Why? Accountants do not ordinarily record opportunity costs in accounting records because those records are traditionally concerned with real transactions rather than possible transactions. It is impossible to record data on all lost opportunities. Accountants do not ordinarily record opportunity costs in accounting records because opportunity costs are historical or past costs, that is, costs that the company has already incurred and, therefore, is irrelevant to the decision-making process. Accountants do not ordinarily record opportunity costs in accounting records only because there are too many unknown variables that can affect opportunity cost. Accountants do not ordinarily record opportunity costs in accounting records because opportunity costs are additional costs or reduced benefits generated by the proposed alternative in comparison with the current situation

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