Costs that differ among alternative courses of action are known as:

Question

Quizplus · Accepted Answer

Relevant costs are costs that differ among alternative courses of action and are therefore relevant in making decisions. Opportunity costs are the value of the best alternative forgone, and unavoidable costs are costs that cannot be avoided regardless of the course of action chosen. Therefore, B is the best choice because it specifically refers to costs that are relevant in decision-making.

Costs That Differ Among Alternative Courses of Action Are Known