Costs can be sorted or categorized in a number of ways including relevant or irrelevant costs.One of the ways that costs can be sorted or categorized is by whether they are relevant or irrelevant.

Question

Quizplus · Accepted Answer

Costs can indeed be sorted or categorized as relevant or irrelevant. Relevant costs are those that are directly affected by a decision, while irrelevant costs are those that will not be affected by the decision.

Costs Can Be Sorted or Categorized in a Number of Ways