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When determining which lines of business or segments should be eliminated or expanded, one problem with using Financial Accounting Information (FAI) that reports profits or
When determining which lines of business or segments should be eliminated or expanded, one problem with using Financial Accounting Information (FAI) that reports profits or losses for individual business lines or segments is:
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FAI ignores sales impacts across all lines of business or segments
FAI excludes arbitrarily allocated expenses among business lines
FAI includes opportunity costs
FAI excludes sunk costs
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