Question 5

Relevant costs are frequently called avoidable costs.

Question 5 options:

	True
	False

Question 6

Cable Corporation is evaluating two decision alternatives. Alternative One has costs of $1,000 and revenues of $1,500 while Alternative Two has costs of $1,600 and revenues of $2,000. The amount of differential revenue between these alternatives is $500.

Question 6 options:

	True
	False

Question 7

Only variable costs are relevant for decision making.

Question 7 options:

	True
	False