Select the Incorrect Statement Regarding Relevant Costs and Revenues

question 69

Multiple Choice

Select the incorrect statement regarding relevant costs and revenues.

• A) To be relevant,a cost or revenue must be future-oriented and must differ between the alternatives.
• B) Sunk costs are never relevant for decision-making purposes.
• C) Differential revenues are expected future revenues that differ from past revenues.
• D) Avoidable costs are also known as differential costs.

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