In a decision analysis situation, which one of the following costs is generally not relevant to the decision?
Incremental cost.
Opportunity cost.
Historical cost.
Avoidable cost.
Choice "C" is correct. Historical cost is generally not relevant in a decision analysis situation. All of the following costs are relevant in a decision analysis situation:
a.
Incremental cost
d.
Avoidable cost
b.
Opportunity cost
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