The Reason Opportunity Costs Are Not Included in the Accounting

question 13

True/False

The reason opportunity costs are not included in the accounting system is because they involve estimates.

---

Definitions:

Degree

An academic rank conferred by a college or university after the completion of a course of study, or recognized as a measure of academic achievement.

Whole Piece

Refers to an object or material that is in its complete form, not divided or broken into parts.

Challenging Assignments

Tasks or projects that are difficult and demanding, but provide an opportunity for learning and development.

New Responsibilities

Additional tasks or duties assigned to a person or a team that are typically outside of their usual scope of work.