Please select the false statement.

Question $10$ options:

A decision model is a formal method of making a choice that uses only quantitative analyses.

Identify the differences among relevant costs for short$-$term and long$-$term production output decisions.

Anticipated future costs that differ with alternative courses of action are known as relevant costs.

The total cost difference between two separate alternatives in a decision making process is the net relevant cost.

Divisional revenues which remain at the same level from year to year are known as relevant revenues.

Each item included in the relevant$-$cost analysis should differ according to the alternative being considered and be an expected opportunity revenue or cost$.$