Asked by
Alexis Breck
on Nov 12, 2024Verified
Costs that are always relevant in decision-making are:
A) avoidable costs.
B) future costs.
C) fixed costs.
D) sunk costs.
Avoidable Costs
Avoidable Costs are expenses that can be eliminated if a particular decision is made, such as discontinuing a product or service.
Future Costs
Expenses or expenditures that are expected to be incurred in future accounting periods.
Fixed Costs
Regular, constant expenses that a business incurs regardless of the level of goods or services produced.
- Acquire knowledge about the importance of significant costs during decision-making processes.
Verified Answer
NF
Learning Objectives
- Acquire knowledge about the importance of significant costs during decision-making processes.
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