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Which of the following statements concerning costs is incorrect ? A. Any single cost can be classified in more than one way. B. Out-of-pocket costs

Which of the following statements concerning costs is incorrect?

A. Any single cost can be classified in more than one way.

B. Out-of-pocket costs include the costs associated with not taking a particular course of action.

C. Costs are treated differently depending on how the information will be used.

Costs can be categorized on the basis of relevant or irrelevant costs.

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