An expected future revenue, which diverges in unconventional course of action is classified as
A. partial revenue
B. total revenue
C. relevant revenues
D. irrelevant revenues
Answer: Option C
Solution(By Examveda Team)
An expected future revenue, which diverges in unconventional course of action is classified as relevant revenues. Relevant means that you consider future revenue and expenses.Related Questions on Costing
Basic objective of cost accounting is ________
A. tax compliance.
B. financial audit.
C. cost ascertainment.
D. profit analysis.
Process costing is suitable for ________.
A. hospitals
B. oil refing firms
C. transport firms
D. brick laying firms
The cost which is to be incurred even when a business unit is closed is a _____.
A. imputed cost
B. historical cost
C. sunk cost
D. shutdown cost
Join The Discussion