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Tatum Hughes
on Oct 14, 2024

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Another name for relevant cost is unavoidable cost.

Unavoidable Cost

A cost that cannot be eliminated and must be incurred regardless of the action taken.

Relevant Cost

Costs that are directly tied to a specific managerial decision and will change as a result of that decision, critical for effective cost management and decision-making processes.

  • Differentiate between relevant and avoidable costs.
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Zulfi FathiOct 19, 2024
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