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Briefly explain the importance of distinguishing between relevant and irrelevant costs for the purpose of decision making. Provide at least two examples of situations.
Briefly explain the importance of distinguishing between relevant and irrelevant costs for the purpose of decision making. Provide at least two examples of situations.
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Relevant costs are those cost which will be affected in managerial decision and irrelevant cost will not change in future based on decision made Relev...
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Business Driven Information Systems
Authors: Paige Baltzan, Kathy Lynch, Peter Blakey
2nd Edition
978-0077364120, 0077364120
