Which of the Following Statements Concerning Costs Is Incorrect

question 78

Multiple Choice

Which of the following statements concerning costs is incorrect?

• A)Costs are treated differently depending on how the information will be used.
• B)Out-of-pocket costs include the costs associated with not taking a particular course of action.
• C)Any single cost can be classified in more than one way.
• D)Costs can be categorized on the basis of relevant or irrelevant costs.