Which of the following is true of relevant information?
A) All fixed costs are relevant.
B) All Future revenues and expenses are relevant.
C) Future
D) All fixed costs are not relevant.

Question

Quizplus · Accepted Answer

Relevant information is any information that will affect decisions that are being made. Therefore, only future revenues and expenses that are expected to be incurred as a result of a decision are relevant. Fixed costs that will not change regardless of the decision made are not relevant.

Which of the Following Is True of Relevant Information