A General Rule in Relevant Cost Analysis Is

question 3

Multiple Choice

A general rule in relevant cost analysis is:

• A)variable costs are always relevant.
• B)fixed costs are always irrelevant.
• C)differential future costs and revenues are always relevant.
• D)depreciation is always irrelevant.

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Definitions:

Leadership Style

The distinct approach and manner in which an individual guides or influences a group towards goal achievement, ranging from autocratic to democratic.

Fiedler's Contingency Model

A leadership theory proposing that effective group performance depends on the proper match between a leader's style of interacting with subordinates and the degree to which the situation gives control and influence to the leader.

Least-preferred Co-worker

The least-preferred co-worker is a term from Fiedler's contingency theory, referring to the person a leader has least preferred to work with, used to measure the leader's task or relationship orientation.

Leadership Style

The approach and manner in which a leader directs, motivates, guides, and manages groups of people, influencing how they achieve objectives and shape organizational culture.