Label each item below as relevant or irrelevant in making a decision.
a)The cost of insurance on a new vehicle when deciding to buy a new vehicle
b)Cost of roof repair made on rental property last year
c)Original cost of old equipment that is being evaluated for replacement
d)Cost of new equipment under evaluation to replace used equipment
e)Accumulated depreciation on old equipment being evaluated for replacement
f)Cost of previous year's insurance policy on old equipment being evaluated for replacement
Correct Answer:
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b) Irre...
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