Relevant costs are costs that:
A) do not differ between alternatives.
B) differ between alternatives.
C) have already been incurred.
D) may not be eliminated by choosing one alternative over another.

Question

Quizplus · Accepted Answer

Relevant costs are costs that differ between alternatives and have an impact on the decision-making process. These costs are important to consider because they can help determine the most cost-effective course of action. Costs that do not differ between alternatives (A), those that have already been incurred (C), and those that may not be eliminated (D) are not relevant costs.

Relevant Costs Are Costs That