Author Question: Which of the following distinctions helps to explain the difference between relevant and irrelevant ... (Read 60 times)

shofmannx20 · **on:** Jul 1, 2018

Which of the following distinctions helps to explain the difference between relevant and irrelevant cost?

A) accounting cost vs. direct cost
B) historical cost vs. replacement cost
C) sunk cost vs. fixed cost
D) variable cost vs. incremental cost

Question 2

A positive cost-benefit ration implies that the activity or program should be undertaken.

a. True b. False