Which of the Following Statements Is True

question 23

Multiple Choice

Which of the following statements is true?

• A)All variable costs are relevant costs.
• B)Only those variable costs that differ between alternatives are relevant costs.
• C)Fixed costs are never relevant costs.
• D)All fixed costs are relevant costs as they impact on overall unit costs.

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Definitions:

Diagnostic Process

A systematic method used by healthcare providers to determine a patient's disease or condition, based on the patient's symptoms, medical history, and results from diagnostic tests.

Causation

The relationship between cause and effect where one event (the cause) makes another event happen (the effect).

Secondary

Coming after, less important than, or resulting from someone or something else that is primary.

Upcoming Event

A scheduled occurrence that is planned to happen in the future.