Solved

Which of the Following Is False Concerning Relevant Costs and Relevant

Question 17

Multiple Choice

Which of the following is False concerning relevant costs and relevant revenues?


A) Every decision deals with the future.
B) Nothing can be done to alter past costs or revenues.
C) Historical costs may be useful for predicting future costs.
D) Historical costs in themselves are irrelevant to a decision on future costs.
E) Total differential costs include both relevant and irrelevant costs.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions