For a Cost to Be Relevant,it Must

question 120

Multiple Choice

For a cost to be relevant,it must:

• A)differ between decision alternatives.
• B)have already been incurred.
• C)not influence a decision.
• D)not be a differential cost.

---

Definitions:

Securities Act of 1933

A U.S. federal law enacted to ensure transparency and fairness in the securities market, requiring that investors receive significant information regarding securities being offered for public sale.

Due Diligence Defense

A legal defense whereby the defendant can avoid liability by proving that they took all possible steps to avoid committing an offence.

Registration Statement

A formal document filed with regulatory authorities that provides details about an investment offering for sale to the public, often associated with securities.

Investment Company Act of 1940

A U.S. federal law that regulates the organization and activities of investment companies, primarily focused on protecting investors.