In order for costs or benefits to be relevant, what must be true?
A) All decisions must relate to future.
B) Identifying relevant costs and benefits is an easy process.
C) Relevancy will relate both to the future and the past.
D) All of these are true statements.

Question

Quizplus · Accepted Answer

Relevant costs and benefits are those that relate to future decisions, not past decisions. Identifying relevant costs and benefits is often complex and requires careful analysis. Therefore, options B and C are incorrect.

In Order for Costs or Benefits to Be Relevant, What