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Label Each Item Below as Relevant or Irrelevant in Making

Question 243

Matching

Label each item below as relevant or irrelevant in making a decision.

Premises:
Cost of new equipment under evaluation to replace used equipment
The cost of insurance on a new vehicle when deciding to buy a new vehicle
Original cost of old equipment that is being evaluated for replacement
Cost of previous year's insurance policy on old equipment being evaluated for replacement
Cost of roof repair made on rental property last year
Accumulated depreciation on old equipment being evaluated for replacement
Responses:
relevant
irrelevant

Correct Answer:

Cost of new equipment under evaluation to replace used equipment
The cost of insurance on a new vehicle when deciding to buy a new vehicle
Original cost of old equipment that is being evaluated for replacement
Cost of previous year's insurance policy on old equipment being evaluated for replacement
Cost of roof repair made on rental property last year
Accumulated depreciation on old equipment being evaluated for replacement
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