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Examples are Sunk Costs, Fixed costs and Allocated Costs.
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∙ 15y ago
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Examples of stock and non- stock corporations?
company
What are some examples of non deposit financial institutions?
no
Are opportunities cost relevant in decision making?
Yes. They might be the optimum answer you are lookiing for. Yes. They might be the optimum answer you are lookiing for.
Is the relevant cost of debt the interest rate on already outside debt or that on new debt?
Yes according to mcdonalds
What are some examples of cost drivers in accounting?
Cost drivers are activities that increase the cost of a product. Direct labor and packaging are both cost drivers for products.
What is the non example of factor?
Non-examples are infinite. One relevant one is a number that cannot be divided into a number.
What are the examples of relevant to irrelevant attributes?
example of relevant evidence
A cost is considered relevant if it is avoidable and future and cash?
A cost is considered relevant if:
Is opportunity cost a relevant cost?
Yes, opportunity cost is a relevant cost because it can be used in something more productive.
What are the advantages of relevant cost?
1.Relevant cost helps provide a consistent basis for the comparison of alternative proposal. 2.Relevant cost deal with the quantitative aspects of decisions.
In the field of business what does the term 'relevant cost' mean?
The basic definition of relevant cost would be the costs that are important to running a business. The most important costs that the business needs to run properly. Examples would be rent for the office space, utilities, or equipment to name a few.
When is fixed cost relevant in decision making?
When there will be change in fixed cost of business then at that time fixed cost will be relevant cost For Example if acquiring new machinery will reduce the amount of fixed expense in that case fixed cost is also relevant.
In management accounting what are relevant costs?
Relevant cost is that cost which will be affected due to the decision company going to make.
Are you agree avoidable cost is relevant cost?
yes
Is avoidable cost a relevant cost?
yes , indeed .
What is the distinction between relevant cost and irrelevant cost?
Relevant cost is that cost which is necessary for the underlying decision in decision making process while irrelevant cost is not necessary to be decision to be made.
Is variable cost a relevant cost?
No. If a variable cost does not differ between alternatives than it is irrelevant.
