Which of the Following Should Management Consider to Avoid the Pitfalls

Multiple Choice

Which of the following should management consider to avoid the pitfalls of relevant-cost analysis?

A) Consider all current revenues and costs.
B) Include any item of revenue or cost that is either an expected future revenue or expected future cost, and, differs between the alternatives.
C) Historic revenues and costs for items that differ according to alternatives should be considered.
D) Assume that all fixed costs are irrelevant.
E) Assume that all variable costs are relevant.