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Indicate whether each of the following statements is true or false To be relevant in decision making, information must be based on past experience. (Click

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Indicate whether each of the following statements is true or false To be relevant in decision making, information must be based on past experience. (Click to select) All quantitative information that differs among the decision alternatives under consideration is relevant. (Click to select) Costs that cannot be changed are not relevant to a decision. (Click to select) Sunk costs may appropriately be considered in decision making if they are significant in amount. (Click to select) Differential revenues are relevant in decision making. (Click to select)

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