Question: All revenue and cost data needed for use in evaluating courses of future operations or choosing among competing alternatives is available in the accounting records.

All revenue and cost data needed for use in evaluating courses of future operations or choosing among competing alternatives is available in the accounting records. Select one: True False Cost incurred in the past are relevant to business decisions about the future. Select one: True False Differential analysis can aid management in making decisions on a variety of alternatives, including whether to discontinue an unprofitable segment and whether to replace usable plant assets. Select one: True False

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