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 relevantcost analysis.
Choice of :i Focusing on total revenues and total costs rather than unit revenue and unit costii Focusing on the relevance concept.Choice of :i Assuming that all variable costs are relevant and all fixed costs are irrelevant. ii Using unitcost data directly.Choice of :i Focusing on the relevance concept. ii Using total cost data directly.Choice of :i Focusing on total revenues and total costs rather than unit revenue and unit costii Using unitcost data directly.
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