15. What is a defining feature of a relevant cost? a. Costs that are avoidable b. Costs that differ between alternatives c. Costs that will occur in the future d. All of the above 16. Consider the following statements: 1. The segment's avoidable fixed costs exceed its contribution margin. II. The segment's traceable fixed costs plus its allocated common fixed costs exceed its contribution margin. III. A segment's net operating income, after deducting both traceable and allocated common fixed costs, is negative. 15. What is a defining feature of a relevant cost? a. Costs that are avoidable b. Costs that differ between alternatives c. Costs that will occur in the future d. All of the above 16. Consider the following statements: 1. The segment's avoidable fixed costs exceed its contribution margin. II. The segment's traceable fixed costs plus its allocated common fixed costs exceed its contribution margin. III. A segment's net operating income, after deducting both traceable and allocated common fixed costs, is negative