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Each of the following are true of relevant information except: Past costs are helpful when making predictions but not relevant when making decisions Not all
Each of the following are true of relevant information except:
Past costs are helpful when making predictions but not relevant when making decisions | ||
Not all future revenues and expenses are relevant | ||
Different alternatives can be compared by examining differences in expected future revenues and expected total future costs | ||
significant past investment amounts are relevant to decision making |
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