Relevant costs are those costs that relate to the future and are additional costs that will be incurred or result from a decision.

Name: Relevant costs are those costs that relate to the future and are additional costs that will be incurred or result from a decision.
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Question

Quizplus · Accepted Answer

Relevant costs pertain to the future and would change as a result of a decision, whereas irrelevant costs have already been incurred or will not be affected by the decision.

Relevant Costs Are Those Costs That Relate to the Future