Examveda
Examveda

Cost such as dispose value of an old machine is $6000 is classified as

A. irrelevant

B. depreciated cost

C. salvages

D. relevant

Answer: Option D

Solution(By Examveda Team)

Cost such as dispose value of an old machine is $6000 is classified as relevant cost. Relevant cost is a managerial accounting term that describes avoidable costs that are incurred only when making specific business decisions.

This Question Belongs to Management >> Management Accounting

Join The Discussion

Related Questions on Management Accounting