Costs that a business does not incur, or can reduce, if it discontinues an activity are known as:
A) relevant costs.
B) incremental costs.
C) avoidable costs.
D) actual costs.
Correct Answer:
Verified
Q44: Relevant costs and revenues are _ costs
Q45: Not including relevant costs and relevant revenues
Q46: Relevant costs and revenues:
A) are increases on
Q47: In short-term decision making the cost of
Q48: Incremental costs are cost increases:
A) from the
Q50: Opportunity costs are:
A) the profits that a
Q51: In deciding whether or not to drop
Q52: The accounting system helps a business' managers
Q53: Product D incurred a net loss
Q54: During the most recent accounting period, Product
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