The term relevant range as used in cost accounting means the range over which: Group of answer choices Costs may fluctuate. Rele

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vant costs are incurred. Production may vary. Cost relationships are approximately linear.

1 answer:

natali 33 [55] · Answer 1 · 2023-07-30T18:40:05+03:00

Option D. The term relevant range is the range over which Cost relationships are approximately linear.

<h3>What is relevant range?</h3>

This is the term that is used to refer to the assumption that the cost relationships are valid.

What this means is that the existing relationship between cost and any activity are linear, in a straight line.