Define relevant costs and discuss: (1) whether all future costs are relevant for decision making and (2) whether variable costs are always relevant and fixed
Define relevant costs and discuss: (1) whether all future costs are relevant for decision making and (2) whether variable costs are always relevant and fixed costs are always irrelevant
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1 Not all future costs are relevant for decision making Only those costs that are likely to be incurred as a result of the decision being made are rel... View full answer

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