A relevant cost is a cost that is a(n) ________.
A) future cost
B) past cost
C) sunk cost
D) non-cash expense

Question

Quizplus · Accepted Answer

A relevant cost is a future cost that will differ among alternatives. It's a cost that should be considered when making decisions because it will be affected by the choice made. Past costs (sunk costs) and non-cash expenses are not considered relevant costs for decision-making purposes.

A Relevant Cost Is a Cost That Is A(n) ________