A cost may be relevant for one decision,but not relevant for a different decision.

Question

Quizplus · Accepted Answer

This statement is true. Certain costs may be important for making a particular decision but may not have any relevance for another decision. For example, the cost of raw materials is an important consideration when deciding whether to manufacture a product or not, but it may not be relevant when considering whether to purchase or lease new equipment.

A Cost May Be Relevant for One Decision,but Not Relevant