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  3. Study Set
    Managerial Accounting Study Set 1
  4. Exam
    Exam 14: Decision Making: Relevant Costs and Benefits
  5. Question
    Which of the Following Best Defines the Concept of a Relevant
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Which of the Following Best Defines the Concept of a Relevant

Question 1

Question 1

Multiple Choice

Which of the following best defines the concept of a relevant cost?


A) A past cost that is the same among alternatives.
B) A past cost that differs among alternatives.
C) A future cost that is the same among alternatives.
D) A future cost that differs among alternatives.
E) A cost that is based on past experience.

Correct Answer:

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