Asked by
Ashley Middleton
on Nov 12, 2024
Verified
Which of the following best describes relevant cost
A) Sunk costs that differ between alternatives are relevant cost.
B) Future costs that differ between alternatives are relevant cost.
C) Future costs that do not differ between alternatives are relevant cost.
D) Sunk costs that do not differ between alternatives are relevant cost.
Future Costs
Costs that are expected to be incurred in upcoming periods.
Sunk Costs
Expenses that have already been incurred and cannot be recovered.
Alternatives
Different options or choices available in a decision-making scenario.
- Comprehend the principle of pertinent costs in the context of decision-making.
Verified Answer
CM
Learning Objectives
- Comprehend the principle of pertinent costs in the context of decision-making.
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