The idea behind incremental analysis is to review decision data that differ between alternatives; information that is the same for all alternatives is considered irrelevant to the decision process.
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Q6: The cost of a previously purchased machine
Q12: Opportunity costs arise when the choice of
Q13: Incremental analysis is a technique used not
Q14: Incremental analysis identifies both the benefits and
Q18: Sunk costs are not relevant for decisions
Q19: Sunk costs can be recovered.
Q20: Managers rely strictly on financial information when
Q20: Qualitative data as well as quantitative data
Q21: When resources like direct material, labor or
Q22: There is no limit on the availability
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