The term "relevant range" as used in cost accounting means the range over which
A)costs may fluctuate.
B)cost relationships are valid.
C)production may vary.
D)relevant costs are incurreD.

Question

Quizplus · Accepted Answer

The relevant range in cost accounting refers to the range of activity or production where cost relationships are valid. This means that costs within this range will behave consistently and predictably based on changes in activity or production levels. Outside of the relevant range, cost behavior may change and become less predictable.

The Term "Relevant Range" as Used in Cost Accounting Means