Relevant Costs Are Also Known as ________

question 159

Short Answer

Relevant costs are also known as ________.

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Definitions:

Integrating Vertically

It refers to the process by which a company expands its business operations into different steps on the same production path, such as when a manufacturer owns its supplier and/or distributor.

Integrating Horizontally

A business strategy where a company acquires or merges with other companies within the same industry at the same level of production or distribution.

Conglomerating

The process of a company expanding its business into different areas or the formation of a conglomerate, a multi-industry company.

DSL Internet

A type of internet connection that transmits data over telephone lines, providing broadband network access.