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Which of the following statements regarding relevant costs and revenues is TRUE? OA) Decisions should be based on differential costs but not differential revenues. B)

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Which of the following statements regarding relevant costs and revenues is TRUE? OA) Decisions should be based on differential costs but not differential revenues. B) Costs already incurred are relevant. OC) The benefit which could have been gained by choosing option instead of option A is irrelevant because option B was not chosen. OD) Relevant costs and revenues may occur only now or in the future

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