Managerial Accounting Summer School First Assignment Answer all questions: Question One What is a relevant cost in decision making? Question Two What is irrelevant cost and revenue in decision making? Question Three Differentiate between avoidable and unavoidable cost Question Four Explain what sunk cost is Managerial Accounting Summer School First Assignment Answer all questions: Question One What is a relevant cost in decision making? Question Two What is irrelevant cost and revenue in decision making? Question Three Differentiate between avoidable and unavoidable cost Question Four Explain what sunk cost is