In decision making, only future costs can be relevant costs.
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Q21: When a business evaluates decision alternatives the
Q22: Relevant revenues are revenues that will change
Q23: A cost or revenue relevant for one
Q24: Costs and revenues that are not relevant
Q25: The only question a manager needs to
Q27: No cost incurred prior to making a
Q28: Sunk costs are relevant for decision making.
Q29: A business is considering purchasing a new
Q30: Incremental costs are the costs that a
Q31: Incremental costs are cost increases resulting from
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