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[Answer Only] Which of the following is true of relevant information? All future revenues and expenses are relevant. Irrelevant costs differ among alternatives. Sunk costs
[Answer Only] Which of the following is true of relevant information?
All future revenues and expenses are relevant.
Irrelevant costs differ among alternatives.
Sunk costs are always irrelevant for decision making.
Opportunity costs are sometimes irrelevant for decision making. Future revenue that differs between any two alternatives should be ignored when making decisions
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