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3 years ago

1. "All future costs are relevant in decision making." Do you agree? Why?

Business

1 answer:

Advocard [28]3 years ago

3 0

Answer:

1. Not all future costs are relevant in decision making. Only relevant costs make a difference in decision-making. The future costs that change according to each specific alternative are relevant for the decision process. So, not all future costs are relevant in the decision making process.

2. Incremental cost - Also called differential costs, these costs are the difference in total costs after changing something or adding a new activity. These are relevant costs when evaluating some alternatives.

Opportunity cost - This is the benefit that we miss out when we choose one alternative over another. Although not present in general accounting, this approach is often used by managers.

Sunk cost - These are past costs. This is money that has been spent in the past and cannot be recovered. Thus, these costs are excluded from the decision-making process, as they are omnipresent and are not affected by the decision.

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Answer:

Explanation:

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3 years ago

What factor is usually agreed upon prior to the submission of a purchase order?

tester [92]

Answer:

number of products to be purchased

Explanation:

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2 years ago

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Answer:

Emerging

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2 years ago

COMMON MEASURE OF WHAT SOMETHING IS WORTH OR WHAT SOMETHING COSTS

Anton [14]

Answer:

price. is the answere I am almost certain

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2 years ago

Mrs. Lu is turning 65 in November and called to ask for your help deciding on a Medicare Advantage plan. She agreed to sign a sc

arlik [135]

Answer:

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3 years ago