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13. Which TWO of the following statements relating to relevant cost concepts in decision-making are correct? A) Fixed costs would have a relevant cost element
13. Which TWO of the following statements relating to relevant cost concepts in decision-making are correct?
A) | Fixed costs would have a relevant cost element if a decision causes a change in their total expenditure |
B) | Materials can never have an opportunity cost whereas labour can |
C) | Materials already held in inventory never contribute to relevant cost |
D) | The annual depreciation charge is not a relevant cost |
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