Variable costs are always relevant in decision making and are the only costs that should be considered.

Name: Variable costs are always relevant in decision making and are the only costs that should be considered.
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

Variable costs are relevant in decision making, but fixed costs can also be relevant depending on the decision context, such as in decisions involving changes in production levels or adding new product lines.

Variable Costs Are Always Relevant in Decision Making and Are