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5 The following statements have been made about relevant costing: 1 Absorbed overheads are never relevant for decision making purposes 2 The relevant cost of

image text in transcribed 5 The following statements have been made about relevant costing: 1 Absorbed overheads are never relevant for decision making purposes 2 The relevant cost of a non-current asset is its deprival value Which of the above statements is/are true? A 1 only B 2 only C Neither 1 nor 2 D Both 1 and 2

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