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LuckyWell [14K]
3 years ago
10

What costs are considered “relevant” and which are considered “irrelevant “to a business

Business
1 answer:
Klio2033 [76]3 years ago
4 0

Answer:

Relevant costs are costs that will be affected by a managerial decision. Irrelevant costs are those that will not change in the future when you make one decision versus another.

Explanation:Examples of irrelevant costs are sunk costs, committed costs, or overheads as these cannot be avoided.

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