Opportunity costs never appear in a company's accounting records since they are foregone costs and NOT actual costs.

Question

Quizplus · Accepted Answer

Opportunity costs are the benefits that are foregone by choosing one alternative over another. They represent the benefits that could have been gained by choosing an alternative action. Since they are not actual costs that are incurred, they do not appear in a company's accounting records.

Opportunity Costs Never Appear in a Company's Accounting Records Since