Question
Which of the following statements is true? a. Fixed costs could be relevant for decision making. b. Opportunity costs are never relevant to decision making
Which of the following statements is true?
| a. | Fixed costs could be relevant for decision making. | |
| b. | Opportunity costs are never relevant to decision making | |
| c. | Sunk cost are relevant for decision making. | |
| d. | A cost that is relevant in one decision context will automatically make it relevant in another decision context. |
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Glencoe Accounting Concepts Procedures Applicatons
Authors: McGraw-Hill Education
3rd Edition
0028036174, 978-0028036175
