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opportunity cost is not recorded in any financial statements. However such computation is important in decision making for management purposes.
Opportunity cost is not recorded in financial statements
You can put it in normal cost report used internal by company managment
Opportunity cost is not an income that you can get or an expense that you spend , its the benefits you could have received by taking an alternative action. so its unrecorded.
it's economic indicator not financial profit , that help decision maker to compare with other alternatives'
Opportunity cost should not be recorded in the company accounts but the manager should put it in consideration on decision-making
Agree with the given answer.
opportunity cost should not be recorded as any where , it is considering only for decision making purpose
not record because it is non cash - expenses / profit
Opportunity cost should not be recorded in income statement or balance sheet, but Opportunity cost is cost of an alternative that must be forgone in order to pursue a certain action. Put another way, the benefits you could have received by taking an alternative action.
Example. If we have £20 we can spend it on an economic textbook or we can enjoy a meal in a restaurant. If we spend that £20 on a textbook, the opportunity cost is the restaurant meal we cannot afford to pay.