For a cost or revenue to be relevant to a particular decision, the cost or revenue...
For a cost or revenue to be relevant to a particular decision, the cost or revenue must
A. differ between the alternatives being considered
B. be a past cost
C. be a future cost
D. both a and c are correct
Homework Answers
The answer is
D.both a and c are correct
For being a relevant cost or revenue, it should differ between the alternatives
And it should be a future cost
Past cost already incurred are sunk costs and are not relevant
Same costs and Revenues will offset themselves and hence are not relevant
Add Answer to:
For a cost or revenue to be relevant to a particular decision,
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