Relevant cost
id:
relevant-cost-296-7870461
title:
Relevant cost
text:
A relevant cost is a cost that differs between alternatives being considered. In order for a cost to be a relevant cost it must be: Future
Cash Flow
Incremental It is often important for businesses to distinguish between relevant and irrelevant costs when analyzing alternatives because erroneously considering irrelevant costs can lead to unsound business decisions. Also, ignoring irrelevant data in analysis can save time and effort. Types of irrelevant costs are: Sunk costs
Committed costs
Notio
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Relevant_cost
date created:
date modified:
2022-11-05T03:51:46Z
main entity:
{"identifier":"Q7310977","url":"https://www.wikidata.org/entity/Q7310977"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/e/e6/Ledger.png","width":1706,"height":896}
fields total:
13
integrity:
14