Costs and revenues that are not relevant to a decision should be omitted from the analysis, because they are not helpful.

Name: Costs and revenues that are not relevant to a decision should be omitted from the analysis, because they are not helpful.
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Question

Quizplus · Accepted Answer

Costs and revenues that are not relevant to a decision are considered sunk costs or irrelevant revenues and do not affect the future outcomes of the decision-making process, thus should be omitted from the analysis.

Costs and Revenues That Are Not Relevant to a Decision