Which of the Following Is Not a Characteristic of Relevant

question 112

Multiple Choice

Which of the following is not a characteristic of relevant costing information? It is

• A)associated with the decision under consideration.
• B)significant to the decision maker.
• C)readily determined from financial records.
• D)related to a future endeavor.

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Definitions:

Ideological Themes

Central beliefs or principles that form the basis of a political, economic, or social system or movement.

Systems Thinking

A holistic approach to analysis that focuses on the way that a system's constituent parts interrelate and how systems work over time and within the context of larger systems.

Interdependencies

Mutual reliance between entities, where the actions or outcomes of one entity depend on those of another.

Organizational Processes

Entails the methods, procedures, and routines used within an organization to produce and deliver its products or services.