Which of the following statements is false?
i. Qualitative information is not relevant for planning purposes.
ii. Production costs are important for planning purposes, but selling and administration costs are not.
iii. Information on revenues is not important for planning purposes.
A) i
B) iii
C) i and iii
D) i, ii and iii

Question

Quizplus · Accepted Answer

All the statements are false because qualitative information, selling and administration costs, and information on revenues are all relevant and important for planning purposes.

Which of the Following Statements Is False