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Select either true or false for the following statements. 1. A sunk cost will change with a future course of action. 2. Opportunity costs occur

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Select either true or false for the following statements. 1. A sunk cost will change with a future course of action. 2. Opportunity costs occur when two or more alternative choices exist. 3. Avoidable expenses would continue even if a segment was eliminated. 4. Out-of-pocket costs do not require future cash outlays. 5. Sunk costs do not change with future actions

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