Question
1. A method of decision making that focuses on the effect of alternative courses of action on the relevant revenues and costs is ......................... 1.
1. A method of decision making that focuses on the effect of alternative courses of action on the relevant revenues and costs is ......................... |
| 1. ____ |
2. The relevant financial factors to be considered in a lease or sell decision are differential costs and................................................................ |
| 2. ____ |
3. Costs that have been incurred in the past that are not relevant to the decision are called........................................................................................... |
| 3. ____ |
4. In a decision to discontinue a product or segment, the relevant costs that will be eliminated are .............................................................................. |
| 4. ____ |
5. Make or buy options often arise when a manufacturer has excess ...... |
| 5. ____ |
6. Decisions to replace usable fixed assets should be based on relevant costs. The relevant costs for a decision of this type are the replacement costs and the ..................................................................................................... |
| 6. ____ |
7. The law that prohibits price discrimination within the United States, unless differences in prices can be justified by different costs of serving different customers, is the............................................................................... |
| 7. ____ |
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