Question

When making decisions, managers should consider all relevant benefits and relevant costs, which include: (Check all that apply.) Multiple select question. incremental costs. opportunity costs. historical costs. out-of-pocket costs. sunk costs.

Answer 1

Answer:

opportunity costs, incremental costs, out-of-pocket costs

Explanation:

The cost of the following finest possibility that is sacrificed is referred to as the opportunity cost. These are important considerations while deciding between two alternative options.The costs that the firm pays out of pocket are known as out of pocket charges. These are important considerations while making a judgment

The variation in costs between two decisions is referred to as incremental costs. All of these are important in making decisions.