Examveda
Examveda

An expected future cost which diverges in unconventional course of action is known as

A. partial cost

B. total cost

C. irrelevant cost

D. relevant cost

Answer: Option D

Solution(By Examveda Team)

An expected future cost which diverges in unconventional course of action is known as relevant cost. Relevant cost is a managerial accounting term that describes avoidable costs that are incurred when making business decisions. The concept of relevant cost is used to eliminate unnecessary data that could complicate the decision-making process.

This Question Belongs to Commerce >> Costing

Join The Discussion

Related Questions on Costing