Estimated cost: a. Managers use to make decisions about the future. b. Find a right price O c. Is not useful for planning and decision making d. Managers use to make decisions about the present. QUESTION 2 The four hierarchical levels that helps identify avoidable costs are: a Batch-level cost, Relationship level, Unit-level cost and Sunk-level cost b. Budgeted-level cost, unit-level cost, sunk-level cost and batch-level cost c. Sunk-level cost single-level cost, batch-level cost and faculty level cost. d Unit-level cost, batch-level cost, product-level cost and facility level cost QUESTION 3 To be relevant in decision making, cost or revenue information must be future-oriented and must differ between the alternatives. True False