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N. k. gupta Asked a Question
April 6, 2021 1:18 pmpts 30 pts
relevant cost, imputed cost, sunk cost and avoidable cost define simple
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  • Gaurav soin thankyou
    Relevant cost is a managerial accounting term that describes avoidable costs that are incurred only when making specific business decisions. The concept of relevant cost is used to...
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  • Rucha rajesh shingvekar
    A sunk cost refers to a cost that has already occurred and has no potential for recovery in the future. For example, your rent, marketing campaign expenses or money spent on new eq...
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  • Rucha rajesh shingvekar thankyou
    Relevant costs' can be defined as any cost relevant to a decision. A matter is relevant if there is a change in cash flow that is caused by the decision. The change in cash flow ca...
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