Q376
relevant costs are classified in relevance concepts as
A.
expected future costs
AnswerB.
serial costs
C.
parallel costs
D.
abnormal costs
Answer: Option A
Solution
Answer: Option A
Solution:
Relevant costs are classified in relevance concepts as expected future costs. A relevant cost is a cost that only relates to a specific management decision, and which will change in the future as a result of that decision.