Another term for relevant cost is opportunity cost.Other terms for relevant costs include differential costs,incremental costs,and avoidable costs.Opportunity costs can be relevant,but the two are not synonymous.
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Q1: The quality of the goods in question
Q3: The first step in the managerial decision
Q4: A sunk cost is never a relevant
Q5: A relevant cost is one that will
Q6: Opportunity costs are important in special-order and
Q7: A special-order decision analysis cannot be used
Q8: If a company has idle capacity,it means
Q9: A special-order decision analysis cannot be used
Q10: When managers make a decision,they base it
Q11: Capacity is a measure of the limit
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