Question: The relevant range is important because A. it specifies which costs should be used for a given decision. B. it provides a basis for determining

The relevant range is important because

A. it specifies which costs should be used for a given decision.

B. it provides a basis for determining a range of acceptable cost alternatives.

C. it is required to determine inventoriable costs under ASPE/IFRS.

D. it specifies the limits beyond which the relationship of cost to cost drivers may not be valid. E. it determines the time horizon.

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