A relevant cost is: A) The foregone benefit of choosing to do one thing instead of another.
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Question:
A relevant cost is:
A) The foregone benefit of choosing to do one thing instead of another.
B) A cost that has already been incurred.
C) A cost that differs across decision alternatives.
D) A cost that is the same regardless of the alternative the manager chooses.
Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
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