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Which of the following statements is NOT correct? A cost that can be avoided by choosing one alternative over another is relevant for decision making.
Which of the following statements is NOT correct? A cost that can be avoided by choosing one alternative over another is relevant for decision making. A cost that is relevant in one decision may not be relevant in another decision. In a decision about whether to drop a business segment, the opportunity cost of the space occupied by the segment is not a relevant cost. In a decision of whether to drop a product, the product should not be charged for factory rent if the space in which the product is produced has no alternative use and the rental payment is unavoidable
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