Question: Describe two potential problems that should be avoided in relevant - cost analysis. Choice 1 of 4 : ( i ) Focusing on total revenues

Describe two potential problems that should be avoided in relevant-cost analysis.
Choice 1 of 4:(i) Focusing on total revenues and total costs (rather than unit revenue and unit cost).(ii) Focusing on the relevance concept.Choice 2 of 4:(i) Assuming that all variable costs are relevant and all fixed costs are irrelevant. (ii) Using unit-cost data directly.Choice 3 of 4:(i) Focusing on the relevance concept. (ii) Using total cost data directly.Choice 4 of 4:(i) Focusing on total revenues and total costs (rather than unit revenue and unit cost).(ii) Using unit-cost data directly.

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