Briefly explain the importance of distinguishing between relevant and irrelevant costs for the purpose of decision making.

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Briefly explain the importance of distinguishing between relevant and irrelevant costs for the purpose of decision making. Provide at least two examples of situations.

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Business Driven Information Systems

ISBN: 9780077364120

2nd Edition

Authors: Paige Baltzan, Kathy Lynch, Peter Blakey

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Posted Date: Jun 08, 2022 12:10 AM

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Briefly explain the importance of distinguishing between relevant and irrelevant costs for the purpose of decision making.

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Relevant costs are those cost which will be affected in managerial decision and irrelevant cost will not change in future based on decision made Relev... View the full answer

Business Driven Information Systems

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