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Select the correct statement regarding relevant costs and/or revenues. a. To be relevant, a cost or revenue must be future-oriented and must differ between the
Select the correct statement regarding relevant costs and/or revenues.
a.
To be relevant, a cost or revenue must be future-oriented and must differ between the alternatives.
b.
Sunk costs are usually relevant for decision-making purposes.
c.
Differential revenues are expected future revenues that do not vary between the alternatives under
consideration.
d.
Avoidable costs are also known as sunk costs
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