Relevant information has all of these characteristics EXCEPT:
A)all future revenues and expenses are relevant.
B)past costs are irrelevant.
C)different alternatives can be compared by examining differences in total revenue and expenses.
D)qualitative factors should be considered.

Question

Quizplus · Accepted Answer

Not all future revenues and expenses are relevant, only those that are affected by the decision being made.

Relevant Information Has All of These Characteristics EXCEPT