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

Name: Which of the following is true of relevant information? A) All fixed costs are relevant. B) Future revenues and expenses are relevant. C) Past costs are not relevant. D) All fixed costs are not relevant.
Brand: Quizplus
Rating: 4.9 (32 reviews)

Question

Quizplus · Accepted Answer

Past costs are not relevant because they have already been incurred and cannot be changed.

Which of the Following Is True of Relevant Information