Relevant information:
A) Does not vary with the decision taken.
B) Is only useful if there are only two alternative courses of action
C) Considers past costs.
D) Is always dependent on the decision and other factors.

Question

Quizplus · Accepted Answer

Relevant information is information that varies depending on the decision taken and is influenced by the decision and other factors. It is not fixed (does not consider past costs, which are sunk costs and irrelevant to future decisions) and is useful regardless of the number of alternative courses of action.

Relevant Information