Which of the Following Statements Is True

Multiple Choice

Which of the following statements is true?

A) Past costs are always relevant for decisions and are often useful in estimating future cost behaviour.
B) Past costs are always relevant for decisions, but are rarely useful in estimating future cost behaviour.
C) Past costs are never relevant for decisions, nor are they useful in estimating future cost behaviour.
D) Past costs are never relevant for decisions, but are often useful in estimating future cost behaviour.