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Which of the following statements regarding relevant costs is FALSE? Decisions should be based on differential costs and revenues. Opportunity costs are always relevant. Relevant

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Which of the following statements regarding relevant costs is FALSE? Decisions should be based on differential costs and revenues. Opportunity costs are always relevant. Relevant costs and revenues only occur now or in the future. Sunk costs are often relevant Save In the decision to replace equipment, which of the following costs related to the old piece of equipment is not relevant? Future maintenance costs The market value at the end of the equipment's useful life The current market value The original cost

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