Which of the following is not one of the categories used to sort costs in managerial accounting?
A)Relevant or irrelevant
B)Variable or fixed
C)Out-of-pocket or opportunity
D)Direct or indirect

Question

Quizplus · Accepted Answer

The four categories used in managerial accounting to sort costs are variable or fixed, direct or indirect, relevant or irrelevant, and historical or predetermined. Out-of-pocket or opportunity costs are subcategories under relevant costs.

Which of the Following Is Not One of the Categories