If a Management Accountant Is Trying to Decide Whether a Cost

question 78

Multiple Choice

If a management accountant is trying to decide whether a cost is relevant to a decision, he or she should consider the cost relevant if:

• A) it is a historical cost precise in nature.
• B) it is a historical cost that is the same among all alternatives.
• C) it is an expected future cost that is the same for each alternative.
• D) it is an expected future cost that is different for each alternative.

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Definitions:

Egalitarian

Referring to the principle that all people are equal and deserve equal rights and opportunities.

Sensitivity

Refers to the capacity of an organism or system to respond to stimuli or changes in the environment.

Gender Awareness

The understanding and recognition of gender and gender differences, often developing in early childhood.

Concrete External Traits

Observable and tangible characteristics determined by an individual's genetic makeup.