For purposes of decision making, relevant costs are those costs that: a). are avoidable when choosing one
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Question:
For purposes of decision making, “relevant” costs are those costs that:
a). are avoidable when choosing one alternative over the other.
b). were incurred in the past and resulted in decreased profitability.
c). will not be incurred in the future, regardless of the alternative chosen.
d). none of the above correctly support the definition of “relevant” costs.
Related Book For
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
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