The following statements are correct excerpt? OA. Only avoidable costs are relevant for decision making B. Incremental cost may include both variable and fixed costs OC. All irrelevant costs are sunk costs D. All direct or indirect cost depends on the cost object
The following statements are correct excerpt? OA. Only avoidable costs are relevant for decision making B. Incremental cost may include both variable and fixed costs OC. All irrelevant costs are sunk costs D. All direct or indirect cost depends on the cost object
Chapter10: Short-term Decision Making
Section: Chapter Questions
Problem 2MC: Which type of incurred costs are not relevant in decision-making (i.e., they have no bearing on...
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![The following statements are correct excerpt?
O A. Only avoidable costs are relevant for decision making
B. Incremental cost may include both variable and fixed costs
OC. All irrelevant costs are sunk costs
OD. All direct or indirect cost depends on the cost object](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb2382816-0354-428c-b0ef-9461af6e1f63%2Ff2991db4-8e4b-4e21-b16e-6b4a36516484%2Fkv3dp5i_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The following statements are correct excerpt?
O A. Only avoidable costs are relevant for decision making
B. Incremental cost may include both variable and fixed costs
OC. All irrelevant costs are sunk costs
OD. All direct or indirect cost depends on the cost object
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