Select the correct statement regarding relevant revenues.
A) Relevant revenues must not differ among the alternatives being considered.
B) Past or future revenues may be relevant.
C) Relevant revenues must make a difference in the decision under consideration.
D) Revenues are not considered relevant in the same way as relevant costs.

Question

Quizplus · Accepted Answer

Relevant revenues are those that make a difference in the decision being considered. They may be past or future revenues, and they may differ among the alternatives being considered. It is important to consider the potential impact of relevant revenues when making a decision. Revenues are considered relevant in the same way as relevant costs because both can affect the profitability of a decision.

Select the Correct Statement Regarding Relevant Revenues