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Author Question: Which of the following is true of historical costs? (Read 73 times)

KimWrice

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on: Mar 6, 2021

Question 1

Which of the following is not true with regards to relevant costs and relevant revenues?
◦ They are sunk costs and historical revenues
◦ They are expected costs and expected revenues
◦ They occur in the future
◦ The differ among alternative courses of action

Question 2

Which of the following is true of historical costs?
◦ They are useful for making future predictions.
◦ They are relevant for decision making.
◦ They are always accounted as opportunity costs.
◦ They cannot be fixed costs.
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by KimWrice on Mar 6, 2021

efwsefaw

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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KimWrice

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

helenmarkerine

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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